For Sale: Your Bank Information

March 21, 2016

One of the common commodities for sale on the Dark Web is bank, credit card, social security numbers, and other personal information. This information can sell for a few bucks to hundreds of dollars depending on the quality and quantity of the information. In order to buy personal information, usually the interested parties must journey to the Dark Web, but the International Business Times tells us that “Confidential Bank Details Available For Sale On Easily Found Web Site” is for sale on the general Web and the information is being sold for as little as a couple pounds (or dollars for the US folks). The Web site had a pretty simple set up, interested parties register, and then they have access to the stolen information for sale.

Keith Vaz, chairman of the home affairs select committee, wants the National Crime Agency (NCA) to use its power and fulfill its purpose to shut the Web site down.

“A statement from the NCA said: “We do not routinely confirm or deny investigations nor comment on individual sites. The NCA, alongside UK and international law enforcement partners and the private sector, are working to identify and as appropriate disrupt websites selling compromised card data. We will work closely with partners of the newly established Home Office Joint Fraud Task Force to strengthen the response.”

Online scams are getting worse and more powerful in stealing people’s information. Overall, British citizens lost a total of 670 million pounds (or $972 million). The government, however, believes the total losses are more in the range of 27 billion pounds (or $39.17 billion).

Scams are getting worse, because the criminals behind them are getting smarter and know how to get around security defenses. Users need to wise up and learn about the Dark Web, take better steps to protect their information, and educate themselves on how to recognize scams.

Whitney Grace, March 21, 2016
Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph

Written by Stephen E. Arnold · Filed Under Dark Web, Financial, Management, News, Search, Security, Web Services

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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.