How much is your stolen data actually worth on the Dark Web? You are about to find out
You’d be very surprised to learn how much of your data is worth on the Dark Web
The Dark Web is definitely a place where you have not stumbled upon before, and for very good reason, since you will most likely find out sooner or later that your sensitive information is actually being sold for a price.
According to the latest report from McAfee Labs, there is a price placed on several things on the Dark Web, and they can more commonly be referred to as commodities. Before you ask, yes this does include bank login credentials, along with other details that would be deemed extremely sensitive to the average human being.
Given below is a list of things that are actually being sold on the Dark Web:
Average estimated price for stolen credit and debit cards
• $5 to $30 in the United States
• $20 to $35 in the United Kingdom
• $20 to $40 in Canada
• $21 to $40 in Australia
• $25 to $45 in the European Union
Bank login credentials
$2,200 balance bank account selling for $190
• Bank login credentials, which also includes stealth funds transfers to U.S. banks: $500 for a $6,000 account balance, and $1,200 for a $20,000 account balance.
• Bank login credentials, which also includes stealth funds transfers to U.K. banks: $700 for a $10,000 account balance, and $900 for a $16,000 account balance.
Online payment service login credentials
• Between $20 and $50 for account balances which fall in the range of $400 to $1,000
• Between $200 and $300 for account balances which fall in the range of $5,000 to $8,000.
While this might be alarming, perhaps the most terrifying thing about the Dark Web is the fear of identity theft. Prospective buyers might also be searching for several identities for sale for whatever malicious activities they have got in mind. If the buyer pays good money for this kind of information, then you can only imagine that extent of damage they could do with it. This is because they could gain control of an individual’s entire digital life, which ranges from email accounts, and every social media account where they have signed up.
So next time you think about surfing the internet or carrying out an online activity that might put your personal or bank account information at risk, completely avoid it at all costs.
The author Muhammad
Muhd. Omer cannot control his love for tech, so he became an author at Techworm to report on the latest happenings in technology, and to educate others