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Strategic Forecasting, Inc., more commonly known as STRATFOR, is a global intelligence company ...
The company's primary focus is to help clients with security.
The ID number is used only at the point of sale and is not retained by the merchant.
All merchants who accept credit cards are required to conform to CISP standards, which are straightforward when it comes to CVV2 numbers: CISP compliance forbids the CVV2 number from being retained after a transaction is completed.
Originally posted by ShadowLink
Interesting, and an excellent question indeed. I await an answer from someone who is more learned than me in this matter.
So not only did they get jacked, they got their illegal activities exposed too. Nice!
Also as you mentioned, the repercussions, I too wonder what they will be in the long run. Lawsuits from clients maybe. Or more likely nothing.