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Expert explains why Hy-Vee data breach cards are sold at high speed on dark grid




In August, Hy-Vee warned its customers about unauthorized activity on the computer network. An expert security company followed up by claiming that credit cards collected through the Hy-Vee data breach were possibly sold on the dark web. Experts say the cost of cards sold on the dark web is increasing. "We see anywhere between $ 17 to $ 35, which is very high," said Andrew Chipman with Cybersecurity Audit.A Pennsylvania-based law firm filed a class action lawsuit Wednesday for 5.3 million potential data breach victims. "The reason the cost is a little more for this set of cards being sold is because it's recent and it's not a high rate of speed," Chipman said. Joker's Stash is one of the many websites where Hy-Vee credit cards are for sale. "When an attacker buys a set of cards, they want some assurance that they will actually be able to use it and buy goods so they can turn around and sell them to get it," Chipman said. He said the victims should not panic. "You need the support of a legal representative who has experience in forensic evidence collection," Chipman said. Chipman also said the victims need the support of cybersecurity responders to restore business operations back to normal.

In August, Hy-Vee warned its customers about unauthorized activity on the computer network. An expert security company followed up by claiming that credit cards collected through the Hy-Vee data breach were possibly sold on the dark web.

Experts say the cost of cards sold on the dark web is increasing.

"We see anywhere between $ 17 to $ 35, which is very high," said Andrew Chipman of Cybersecurity Audit.

A Pennsylvania-based law firm filed a class action lawsuit Wednesday for 5.3 million potential victims of the data breach.

"The reason the cost is a little more for this set of cards being sold is because it is recent and there is not a high degree of error," Chipman said.

Joker's Stash is one of the many websites where Hy-Vee credit cards are for sale.

"When an attacker buys a set of cards, they want some assurance that they will actually be able to use it and buy goods so they can turn around and sell them for a profit," Chipman said.

He said the victims should not panic.

"You need the support of a legal representative who has experience in forensic evidence collection," Chipman said.

Chipman also said that victims need the support of cybersecurity responders to restore business operations back to normal.



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