Looks like supply and demand and the good old laws of economics are catching up to data breaches as well. Seems like medical records is the new black - more criminals are focusing on getting access to this rather than boring credit card numbers, bank accounts etc.
There is a related scary part to this story - (other than the fact that medical records are under active threat)
The scary part is the huge numbers of available stolen credit card, bank account information out there - this is depressing prices all over the world for this data! The laws of supply/demand are taking over and making this a commodity. For example, not too long ago, prices for a valid credit card/bank card with a pin was $100 and now with the flood of such products, the prices have come down to $10-20 range.
The logical conclusion follows that criminals are becoming better at getting access to sensitive data - and are now moving up the value chain to get to even more valuable data. Presumably, stuff they can sell for more than $100!
There is a related scary part to this story - (other than the fact that medical records are under active threat)
The scary part is the huge numbers of available stolen credit card, bank account information out there - this is depressing prices all over the world for this data! The laws of supply/demand are taking over and making this a commodity. For example, not too long ago, prices for a valid credit card/bank card with a pin was $100 and now with the flood of such products, the prices have come down to $10-20 range.
The logical conclusion follows that criminals are becoming better at getting access to sensitive data - and are now moving up the value chain to get to even more valuable data. Presumably, stuff they can sell for more than $100!
