The Forensic Felons: The Next Generation Of Cyber Thieves
Written by Evan SchumanSecurity consultants are describing a new breed of professional cyber thieves out there, crooks who know as much about sophisticated forensic investigations as the good guys do. They're not just covering their tracks: they're erasing them.
The reason for this change is that it's a response to how the industry (especially banks) have responded to the first wave of attacks. The reason we're hearing about such huge numbers of cards impacted by these attacks—the TJX breach reportedly accessed the records of some 46 million consumers—is that the thieves know how few of them will be active by the time they try and use them. In other words, because the banks are getting so good at shutting down impacted accounts quickly, the thieves must grab tens of millions of account per attack in order to have a reasonable number of active accounts to use.
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Is there really an improvement between a mag swipe and contactless tap if multi-factor authentication is required?
-Ed
