Twelve billion dollars!

Sounds like a Dr. Evil sound bite :). In fact this could be the potential impact of the 41 million cards stolen - according to security company Jefferson Wells. The amount is a result of simple multiplication - 41 million x $300 for each card lost. On the higher end, no doubt.

While I don't think the real cost is anywhere close to that (even by an order of magnitude), it is still a large number. Even at street price of $2 per card, someone must be making 41 million x $2 = $82M!

More scary to imagine, is where this stolen data is going, what kind of money they are making and what illegal stuff is being done with it.