Hackers Opt for Netflix and Uber over Credit Card Theft on Dark Web

January 25, 2016

It is no surprise that credit cards and other account information is sold on the Dark Web but which accounts are most valuable might surprise. Baiting us to click, the article It turns out THIS is more valuable to hackers than your stolen credit card details on the United Kingdom’s Express offers the scoop on the going rate of various logins cybercriminals are currently chasing. Hacked Uber, Paypal and Netflix logins are the most valuable. The article explains,

“Uber rolled-out multi-factor authentication in some markets last year which decreased the value of stolen account details on the Dark Web, the International Business Times reported. According to the Trend Micro study, the price for credit cards is so comparatively low because banks have advanced techniques to detect fraudulent activity.”

The sales of these accounts are under $10 each, and according to the article, they seem to actually be used by the thief. Products and experiences, as consumable commodities, are easier to steal than cash when organizations fail to properly protect against fraudulent activity. The takeaway seems to be obvious.

Megan Feil, January 25, 2016

Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph

Written by Stephen E. Arnold · Filed Under Dark Web, Data, News, Publishing, Security

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Stephen E. Arnold monitors search, content processing, text mining and related topics from his high-tech nerve center in rural Kentucky. He tries to winnow the goose feathers from the giblets. He works with colleagues worldwide to make this Web log useful to those who want to go "beyond search". Contact him at sa [at] arnoldit.com. His Web site with additional information about search is arnoldit.com.