ID and Bank Accounts BOGOFs : The Secrets of the Online Crime Tescos
08 April, 2008
The Symantec report also found that cyber crime is becoming increasingly sophisticated and personalised, with an increase in attacks on the end-user consumer.
When it comes to trading, identities have now become a commercial commodity with the security firm observing a new phenomenon of bulk-buying of confidential consumer data - where personal details are packaged up in bargain bundles.
For example, during the last six months of 2007, Symantec observed bundles of 50 credit card numbers for sale at £20 (£0.40 each), and 500 credit card bundles for £100 (£0.20 each).
After credit cards, full identities were the third most common item advertised for sale on the cyber supermarket, making up nine percent of all advertised goods, an increase from six percent in the first half of 2007.
Symantec observed that identity trading is on the increase with some details being sold for as little as 50p - even stolen eBay accounts are up for grabs.
The variety of personal data for sale is constantly growing as cyber criminals are constantly changing and adapting their methods to introduce new tactics to achieve their goal of identity fraud.
The report found that Mailers are now one of the most popular ways cybercriminals have designed to mislead Web users.
The constant developments of new methods of attack indicates that the underground economy is a mature one. The personalisation of malicious activity and the price bargains and packages available are also indicators of the economy's sophistication.
When it comes to trading, identities have now become a commercial commodity with the security firm observing a new phenomenon of bulk-buying of confidential consumer data - where personal details are packaged up in bargain bundles.
For example, during the last six months of 2007, Symantec observed bundles of 50 credit card numbers for sale at £20 (£0.40 each), and 500 credit card bundles for £100 (£0.20 each).
After credit cards, full identities were the third most common item advertised for sale on the cyber supermarket, making up nine percent of all advertised goods, an increase from six percent in the first half of 2007.
Symantec observed that identity trading is on the increase with some details being sold for as little as 50p - even stolen eBay accounts are up for grabs.
The variety of personal data for sale is constantly growing as cyber criminals are constantly changing and adapting their methods to introduce new tactics to achieve their goal of identity fraud.
The report found that Mailers are now one of the most popular ways cybercriminals have designed to mislead Web users.
The constant developments of new methods of attack indicates that the underground economy is a mature one. The personalisation of malicious activity and the price bargains and packages available are also indicators of the economy's sophistication.
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