Sony Security Problems Could Hurt Hackers Too

May 5, 2011 -

As hard as it is to believe, hackers may actually suffer from Sony's massive security breach that has seen 102 million users worldwide compromised. According to a New York Times Bits blog report, the massive amount of credit card numbers being flooded into the lucrative black market could bring the price of illegal credit card sales down dramatically.

According to the NYT, hackers who resell personal info and credit cards do not look kindly on what will happen if those responsible for Sony's security breach decide to sell all of it on the black market. Typically stolen credit card numbers sell for around $5 - $10 each (according to an anonymous source familiar with the black market). If millions of new card numbers flood the market, it could bring the value down to a paltry $1 - $2 each.

"We’re keeping a close eye on the Sony story as it would drastically affect the resale of other cards," an experienced hacker based in Europe who declined to share his name due to the nature of his work told the NYT.

Kevin Stevens, a senior threat researcher at Trend Micro, said in an interview last week that there is a lot of discussion in hacker forums about the Sony data breach. Several "credit card dealers" expressed concern that the influx of millions of credit cards would flood the market and lower prices, he said.

I would like to say that I feel bad for these people, but I don't. It should also be noted that buying this data right now would be like buying the Mona Lisa a day after it was stolen. In other words: many eyes are watching all over the world.

Source: NYT by way of Kotaku


Comments

Re: Sony Security Problems Could Hurt Hackers Too

Hackers are just regular criminals. We tend to think of them differently just because they're smart! But just because they CAN do something we can't doesn't mean they SHOULD. I don't feel sorry for them!

Re: Sony Security Problems Could Hurt Hackers Too

...Are we supposed to be feeling sorry for hackers now? 

Re: Sony Security Problems Could Hurt Hackers Too

I sure as hell don't. They act big and tough across the net, but let them see that there are consequences.

Re: Sony Security Problems Could Hurt Hackers Too

Thank gosh I only used re-loadable cards at SoE. And well, just about anywhere.

I have no debit card attached to my bank account, lets me sleep easier at night.

Re: Sony Security Problems Could Hurt Hackers Too

Same here, or I just bought PSN cards.

Hunting the shadows of the troubled dreams.

Hunting the shadows of the troubled dreams.

Re: Sony Security Problems Could Hurt Hackers Too

This is what I did, and I'm glad I did it, and after this disastor, I will keep doing it.


Re: Sony Security Problems Could Hurt Hackers Too

I wonder how someone who sells millions of dollars worth of stolen credit cards explains how they're suddenly a millionare. Do they just say they won the lottery?

Re: Sony Security Problems Could Hurt Hackers Too

Money laundering, keeping it in cash, if they're smart they invest it in little increments to make it appear that they're using their own money to invest and such.

Not that I think that's gonna help them, mind. This has made a huge enough deal that I think whoever is behind this is going to be be dogged hard by law enforcement.

Re: Sony Security Problems Could Hurt Hackers Too

Not to mention pissed off users turning over any information they find.

Re: Sony Security Problems Could Hurt Hackers Too

If they're smart, I imagine they move to a tropical country with no extridition treaties to speak of before anyone notices.  Removes that need to explain anything.

===============

Chris Kimberley

===============

Chris Kimberley

Re: Sony Security Problems Could Hurt Hackers Too

Hehe, if it completely ruined that market I'd call it a win. Not to mention with who Sony is working with a crackdown could be coming.

Re: Sony Security Problems Could Hurt Hackers Too

Well, this article certainly wasn't what I thought it was going to be.

My first thought at this article's title? It's going to turn up the brightness of the spotlight that is on hackers, in that there's going to be more pressure to go after hackers of all kinds who break into systems illegally.

 
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Matthew Wilsonhttps://www.reddit.com/r/OutOfTheLoop/comments/3bxduw/why_was_riama_along_with_a_number_of_other_large/ here is a more complete acount of whats going on.07/03/2015 - 1:32am
Matthew Wilsonredit is on fire right now. most subreddits have been set to private.07/03/2015 - 1:24am
MattsworknameYou know andrew, those are actualy rock solid ideas, I woudl like those features a bunch ,especially with games that a cut scene heavly. looking at you kojima!07/03/2015 - 1:18am
Andrew EisenActually, "things I'd like to see become standard in video games" ain't a bad idea for one of my future YouTube videos.07/03/2015 - 1:05am
Andrew EisenYou know what I'd really like to see become standard? The ability to pause cutscenes. Rewind and skip (with "Are you sure?") would be nice too. Oh, and maybe display the duration of the cutscene when it's paused.07/03/2015 - 1:03am
Mattsworknameonly reason to do region locking now is to be dicks your consumer base. Granted, we see that ALOT these days07/03/2015 - 12:48am
MattsworknameI understand the concerns about the region locking thing, I just thing that if you buy a game legitimately, no matter where it's from or what langauge it's in, you should be allowed to play it. the argument about piracy was proven false years ago, the07/03/2015 - 12:47am
Matthew Wilsonhttp://www.theverge.com/culture/2015/7/2/8888243/reddit-subreddits-private-after-ama-victoria-taylor-fired bad optics by Reddit.07/03/2015 - 12:33am
Goth_SkunkI'm in full agreement on the subtitles issue. I also believe that every game should come with a single-player component, and be playable without an internet connection. Except MMOs.07/02/2015 - 10:51pm
TechnogeekRegion locking bans seem like something that'll be very difficult to pass into law. I'm fully on board with the subtitle requirement, though.07/02/2015 - 10:00pm
MattsworknameFor example, all games with any for form of spoken dialoge should be i subtitled, and region locking in any form should be illegal07/02/2015 - 9:03pm
MattsworknameDoes anyone feel that there should be a set standard for all games in terms of certain basic features. Ie subtitles, region lock, etc07/02/2015 - 9:01pm
MattsworknameSo, now that the Article stuff is over, I want to bring up another subject07/02/2015 - 9:01pm
PHX Corphttps://trustygem.wordpress.com/2015/07/02/windows-10-insider-preview-phase-3/ My Thoughts on Windows 10 Insider Preview07/02/2015 - 6:17pm
Matthew Wilsonhttps://www.youtube.com/watch?t=18&v=CbGmrySQLIg looks like Inafune is giving capcom the middle finger.07/02/2015 - 5:05pm
TechnogeekUnfortunately, the shoutbox moves fast enough that I can't find why I got that impression, so if was indeed erroneous I do apologize.07/02/2015 - 4:34pm
TechnogeekBut yeah, as far as my earlier comment re: you and the article, I did get the impression at some point that you felt there should have been some sort of reprecussions for the article's existence.07/02/2015 - 4:34pm
TechnogeekI got expletive-censored for posting something a few weeks back wherein I expressed my shock that I agreed with you about something, Skunk; so you're not the only one being hit with that stick.07/02/2015 - 4:31pm
Andrew EisenI know you don't. And you haven't recently so all's well.07/02/2015 - 4:25pm
Goth_SkunkI don't think I misrepresented anything.07/02/2015 - 4:24pm
 

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