from the send-them-a-bill dept.
wiredmikey writes "It isn't often that after a data breach involving credit cards, the public is given information on the exact amount money lost by consumers as a result. Thanks to the FBI, however, we now have a better understanding of what 60,000 stolen credit cards translates to financially, as this data was included in their investigation notes while working the Stratfor case. The last time the public had something close to actual stats from the source, we learned that the TJX breach cost Visa $68 million in 2007, two years after the TJX network was compromised by Albert Gonzalez. Yet, those were Visa's estimates. Now, in the aftermath of the Stratfor breach, the FBI has attributed $700,000 worth of charge fraud to the 60,000 credit card records taken during the network compromise. AntiSec supporters walked away with 860,160 usernames and passwords, in addition to the credit card records."
I cannot conceive that anybody will require multiplications at the rate
of 40,000 or even 4,000 per hour ...
-- F. H. Wales (1936)