Monday, November 29, 2010

Black Market Price Of Your Personal Info

With the holiday shopping season in full swing, shoppers have been busily snagging bargains across the Web and in stores. For $500, you can purchase a 40-inch Samsung LCD television that usually retails for $850 at Sears. The same $500 could buy you a wealthy individual's banking login details on the black market.
In the dark corners of the Internet, fraudsters freely buy and sell this sort of info; in many cases, the prices are startlingly low. Information security firm RSA recently took a stroll through the underground market for personal details. On the low end, they found CVV2 data sets - which include a 16-digit credit card number, the card's special security code, billing address, expiration date and name--selling for as little as $1.50. On the high end, they discovered bank account logins selling for as much as $1,000. MORE

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