Increase in cybercrime activity sees identity fraud surge as prices drop



NEW YORK - September 16, 2020 - (Newswire.com)

​​Credit card details, online banking logins, and social media credentials are available on the dark web at worryingly low prices. Researchers at privacy website PrivacyAffairs.com collected hundreds of examples of such data being sold as part of their Dark Web Price Index.

• Online banking logins cost an average of $25
• Full credit card details including associated data cost $12-20
• A full range of documents and account details allowing identity theft can be obtained for $1,275

Forged documents including driving licenses, passports, and auto-insurance cards can be ordered to match stolen data.

The research team scanned dark-web marketplaces, forums, and websites, to create the price index for a range of products and services relating to personal data, counterfeit documents, and social media.

Online banking logins cost as little as $25

Online-banking credentials typically include login information as well as name and address of account holder, and specific details on how to access the account undetected.

Full credit card details including associated data costs $12-20

Credit card details are usually formatted as a simple code, that includes card number, associated dates and CVV, along with account holder’s data such as address, zip-code, email
address, and phone number.

A full range of documents and account details allowing identity theft can be obtained for $1,275.

That includes:

Stolen online-banking logins, min. $100 on account

$25

U.S. driving license, high quality

$550

Auto insurance card

$70

Wells Fargo bank statement with transactions

$80

Europe national ID card

$550

Total

$1,275

Criminals can switch the European ID for a US passport for an additional $950, bringing the total to $2,235 for enough data and documents to do any number of fraudulent transactions.

“If someone gets their hands on your financial details or social media credentials, the prices mentioned above is basically what it’s worth to them. There’s a good chance that you value these things much more than they do, as to them you’re just another mark for a quick buck.”

Malware installation on compromised systems is prevalent

Remote installation of software on 1,000 computers at a time allows criminals to target the public with malware such as ransomware in various countries with a 70% success-rate.

Installs are targeted by country or economic area.

Global med quality, 70% success rate x 1000

$80

Europe med quality, 70% success rate x 1000

$700

USA only med quality, 70% success rate x 1000

$900+

Stolen data is easy to obtain

The general public needs to not only be aware of how prevalent the threat of identity theft is but also how to mitigate that threat by applying due diligence in all aspects of their daily lives.

The full Dark Web Price Index 2020 can be found at https://www.privacyaffairs.com/dark-web-price-index-2020

For questions regarding the research or more information about the report, contact Joe Robinson at [email protected] or visit PrivacyAffairs.​

Related Links
Dark Web Price Index 2020
US Healthcare Data Breach Statistics



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Original Source: You Are Worth $1,275 on the Dark Web, New Study by PrivacyAffairs Finds