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Thursday, December 3, 2015

The Economy Built On Stolen Credit Card Data

Here's Exactly How Much Your Stolen Credit Card Info is Worth to Hackers

Tess Danielson | November 30, 2015

The “Dark Web” houses the seedy corner of the internet that few truly understand.
And as a new research report highlights, the Dark Web also contains a growing and sophisticated economy with its own marketplaces where our “information is being openly sold,” including access to stolen financial account and card details.
McAfee Labs recently published its findings after researching these hidden online marketplaces in a document titled, “The Hidden Data Economy,” and it offers a look at how our information is valued after its been stolen.

Source: http://www.mcafee.com/us/resources/reports/rp-hidden-data-economy.pdf

<more at http://finance.yahoo.com/news/heres-exactly-much-stolen-credit-175155222.html; related links: http://www.mcafee.com/us/resources/reports/rp-hidden-data-economy.pdf (The Hidden Data Economy. The Marketplace for Stolen Digital Information. McAfee, Inc. 2015) and http://www.cnbc.com/2015/10/15/hackers-advertising-stolen-credit-card-data-on-youtube.html (Hackers advertising stolen data on YouTube to buy. October 15, 2015)>

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