Search
 

InsurTech Center

Home

Instant Insights / Identity theft & protecting personal data

There are no shortage of opportunities for hackers and other fraudsters to gain access to personal and financial information throughout the year, but the holidays seem to magnify them because of the increases in shopping, entertaining and travel.

Research

Surge in hacked credit-card information offered for sale on web

Insurance companies and banks will probably see increased losses this year, according to cybersecurity firm, IntSights.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
credit cards The number of cards up for sale on the dark web has almost quadrupled in the last two years. (Photo: Andrew Harrer/Bloomberg)

(Bloomberg) – The number of hacked U.S. credit cards whose information was offered for sale to other criminals on the dark web jumped by about two-thirds in the first half of this year, according to a cybersecurity research firm.

Related: Macy’s says hackers accessed online customers’ credit card data

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

Jayleen R. Heft

Jayleen R. Heft

Jayleen Heft is the digital content editor for PropertyCasualty360.com. Contact her at [email protected]

More from this author

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.