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Report: Stolen data sold over online black market
Cybercriminals buy and sell stolen information using a vast network of online stores, forums, and even social-networking accounts, according to a report released yesterday by PandaLabs.
Posing as a cybercriminal to gain access to this online black market, PandaLabs researchers uncovered a world where the bad guys work together to buy and sell stolen bank account information, credit card numbers, passwords, and other products. Much of this illegal enterprise is done through online stores and forums, but PandaLabs found criminals using Facebook and Twitter accounts to set up shop as well.
But it's not just digital data for sale. PandaLabs found cloned credit cards selling for $190, card cloning machines running anywhere from $200 to $1,000, and fake ATM machines costing from $3,500 to $35,000.
Friday, January 21, 2011
Disturbing information about STOLEN data being sold over online Black Market. Please share or retweet this
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