We anticipate that even with this update, third parties will continue

[Azuri]

From my experience, the Mog store does not use saved payment methods. At least I've had to enter my credit card information every time I make a purchase. That's on the NA store, so it may be different elsewhere.

Ah, so that whole twitter thing is complete armchair economist and SE absolutely had a different way out? Who would have thought...

[DPZ2]

Ah, so that whole twitter thing is complete armchair economist and SE absolutely had a different way out? Who would have thought...

Use of stolen credit card information is still ... theft. When a card-holder objects to a purchase which they did not make, it may take a bit of time, but eventually it gets refunded. I recently found an $80 charge on my card from a Real Estate something-or-other in Indiana. I live in Minnesota. Things worked out for me, but not for the company where the charge was made. Take that up a notch ... and note that it is a mass of compromised accounts plus (apparently) charges made using stolen credit cards.

It has nothing to do with saved payment methods, but that doesn't stop the illegal use of an account for illegal purposes (theft). The twitter posts were not, from memory, based soley on compromised account via saved payment methods.

[Azuri]

Use of stolen credit card information is still ... theft. When a card-holder objects to a purchase which they did not make, it may take a bit of time, but eventually it gets refunded. I recently found an $80 charge on my card from a Real Estate something-or-other in Indiana. I live in Minnesota. Things worked out for me, but not for the company where the charge was made. Take that up a notch ... and note that it is a mass of compromised accounts plus (apparently) charges made using stolen credit cards.

It has nothing to do with saved payment methods, but that doesn't stop the illegal use of an account for illegal purposes (theft). The twitter posts were not, from memory, based soley on compromised account via saved payment methods.

It literally opens with direct linking of the data breach to increased amount of charge backs. This can only apply to accounts with saved payment methods as credit card information isn't stored with SE. And if there was a major leak of credit cards, we'd be talking about a much more serious problem.

[Catwho]

Ah, so that whole twitter thing is complete armchair economist and SE absolutely had a different way out? Who would have thought...

The data breach occurred through other retailers. That meant that the dark web has a lot of stolen CC information floating around that could be purchased for very cheaply from the hackers. The hackers then combine the stolen SE account with a stolen third party credit card to make the purchase.

By the time the person whose CC was stolen discovers it, and the person whose XIV account was compromised notifies SE of the issue, the thief has already purchased a few hundred dollars worth of Mogstation items to resell for valid cash.