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

[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.