Summary
That cybercriminals target financial services more than any other industry isn’t surprising. But the dramatic explosion of stolen credit card data over the last year is setting off some alarm bells.
The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Please review our list of best credit cards, or use our CardMatch™ tool to find cards matched to your needs.
That cybercriminals target financial services more than any other industry isn’t surprising. But the dramatic explosion of stolen credit card data over the last year is setting off some alarm bells.
In its latest report on the cyber threat landscape, cybersecurity intelligence firm IntSights reveals that among its sample of financial services customers, the number of batches of leaked credit card numbers jumped from just over 3,000 instances in the first quarter of 2018 to almost 10,000 a year later.
That represents a 212 percent increase or more than triple the number of leaks.
It also includes a jump of more than 50 percent from just the previous quarter, when Q4 2018 leaks numbered about 6,400 batches.
Your credit cards journey is officially underway.
Keep an eye on your inbox—we’ll be sending over your first message soon.
See related: As data breaches increase, here’s how to cut your identity fraud risk
IntSights also found more than a quarter of all malware attacks last year (25.7 percent) targeted the financial services industry, which was more than any other of the 27 industries tracked.
Credential leaks broadly defined were up 129 percent over the previous year, and the number of malicious applications distributed, including mobile banking apps, more than doubled.
IntSights’ quarterly findings on stolen credit card data are sampled uniformly from its Enterprise Threat Intelligence & Mitigation Platform of financial services customers. Its Q1 2019 report was released April 29.
Editorial Disclaimer
The editorial content on this page is based solely on the objective assessment of our writers and is not driven by advertising dollars. It has not been provided or commissioned by the credit card issuers. However, we may receive compensation when you click on links to products from our partners.
Join the Discussion
We encourage an active and insightful conversation among our users. Please help us keep our community civil and respectful. For your safety, do not disclose confidential or personal information such as bank account numbers or social security numbers. Anything you post may be disclosed, published, transmitted or reused.
The editorial content on CreditCards.com is not sponsored by any bank or credit card issuer. The journalists in the editorial department are separate from the company’s business operations. The comments posted below are not provided, reviewed or approved by any company mentioned in our editorial content. Additionally, any companies mentioned in the content do not assume responsibility to ensure that all posts and/or questions are answered.