April 9, 2018 — Hacked Accounts Sold For Just £1
Ryan Wilk, VP at NuData, comments on a report issued yesterday by Information Security Buzz News, disclosing that news is breaking that hacked social media accounts are being sold online, sometimes to promote hate speech, for menial sums. One site is selling UK-based Facebook accounts “with real Sim cards, birthday and location information included”, according to The Sunday Telegraph. On another, a single UK account is on sale for $1.50 (£1.07), discounted from $5.
Among all the personally identifiable information available on the web, the most valuable one is your complete online identity, as it includes data to access all your online accounts. It’s not surprising that each account, each type of data, or the whole package are sold online as if they were a pair of sneakers. Fraudsters work hard to get that information, and by reselling it, they are increasing its value, just like any other industry would do.
For the complete article, go here.