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Price Discrimination in the Market for Stolen Credit Cards

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2008-06-03 07:23:29 by Dancho Danchev in Dancho Danchev's Blog - Mind Streams of Information Security Knowledge
...price of a stolen credit card with an already verified balance, and based on what factors would the sellers come up with the price range? Depends on who you're buying the goods from. Continuing the discussion on the Underground Economy's Supply of Goods , the service I'll comment on in this post is among the countless number of others...
 
 
 
 
 
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35,000 T. Rowe price plan participants alerted

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2008-01-29 12:51:35 by Evan Francen in The Breach Blog
...Price Contractor/Consultant/Branch T. Rowe Price Retirement Plan Services CBIZ Benefits and Insurance Services Inc Victims Participants in various T. Rowe Price retirement plans Number Affected 35,000 Types of Data Names and Social Security numbers Breach Description Computers were stolen from the office of CBIZ Benefits and Insurance...
 
 
 
 
 
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Identity Management, Privacy, and Price Discrimination

2008-05-22 06:22:47 by Editor in IEEE Security and Privacy
 
...price discrimination: merchants are interested in finding out a consumer's preferences, because from the latter they can infer the consumer's maximum willingness to pay for a good. However, economists also acknowledge that consumer privacy is not just about hiding the price you may pay for a good: during any economic transaction a consumer...
 
 
 
 
 
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Again On Breaches and Stock Price

2008-03-12 00:34:00 by Dr Anton Chuvakin in Anton Chuvakin Blog -
 
...price. That theory is completely disproved by TJX Enraged? Think he is pushing it too far? Being illogical? Me too :-) I don't think TJX example just goes and "disproves" it; we don't really know how it works with breaches and stock prices (some say 4-8% down, some say none, some say 'major impact', whatever He then clarifies: " But let me...
 
 
 
 
 
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The High Price of Things that are Free

2007-08-01 19:26:00 by jack in adware and spyware
 
...Price of Things that are Free We cannot help but be enticed by things that are free. Despite knowing at the back of our heads that nothing comes free, we can't seem to shake off the natural hopeful tendency that tempts us to believe that free items have no strings attached This is particularly true with the case of unwanted adware and...
 
 
 
 
 
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Price is what you pay, value is what you get

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2008-05-09 14:34:15 by Gunnar Peterson in 1 Raindrop
...price than usual. But when we look at this data we understand that as everywhere, you have to pay for quality. The first offer concerned bank logons. As you can see in the following screenshot, pricing depends on available balance, bank organization and country. Additional information such as PIN and Transfer Passphrase are also given when...
 
 
 
 
 
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Clever Counterterrorism Tactic

2008-10-13 13:22:24 by schneier in Schneier on Security
 
...price of one," etc. The color coding was matched to specific streets and thus when someone brought in their laundry, it was easy to determine the general location from which a city map was coded While the laundry was indeed being washed, pressed and dry cleaned, it had one additional cycle -- every garment, sheet, glove, pair of pants, was...
 
 
 
 
 
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Economics of secure software

2007-01-21 10:13:02 by RaviC in Musings on Information Security
 
...Price = Initial Purchase Price of the Product Life = Life Cycle Cost of the Product $ = Y*Price (expressed in terms of multiple of Price TCO = Total Cost of Ownership TCO= Price + Life=Price + Y* Price ---> Equation 1 Assume if the vendor develops secure product, if the vendor has to spend twice as much to develop the secure product (that's...
 
 
 
 
 
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Are Stolen Credit Card Details Getting Cheaper?

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2008-07-15 15:36:12 by Dancho Danchev in Dancho Danchev's Blog - Mind Streams of Information Security Knowledge
...prices of stolen credit card details? The investments the cybercriminals or real life scammers ( through credit card cloning or ATM skimming ) put into the process of obtaining the details, or can we even talk about investments being made where an experienced scammer has just purchased 1GB of raw credit cards data from a novice botnet master...