What is the price of your stolen identity on the online black market?

If you thought there is only a black market for stolen mobile phones, drugs, pirated software, etc., then you could be wrong. There is a black market that exists on the Internet and its most lucrative commodity is your personally identifiable information (PII – sensitive information that can be used to identify, contact, or locate you).

Ecommerce websites have redefined the way people shop. Getting to browse a variety of products from the comforts of your home beats foraging around a shopping mall any day. A greater relief is online banking. People can now ditch long queues, disgruntled tellers, uncooperative fellow customers, and the pain of filling up never-to-end forms. A few clicks and you are done with your winter shopping, and checking your monthly bank statement.

Now, let’s pull up the curtain of this all-is-so-convenient world and take a look outside. We will get to see several dark alleys, where faceless figures are somehow trying to find a way into your house. Remember the credit card number you just entered in the shopping website? Yes, it is this and other critical information that these figures are after. And once a hacker gets hold of all such information, then it’s all gala time for them; thanks to the online black market.

What’s your Identity’s worth on the online black market?

Here’s an infographic that answers this.

Source: https://www.experian.com/blogs/ask-experian/heres-how-much-your-personal-information-is-selling-for-on-the-dark-web/

How Quick Heal helps keep your personally identifiable information safe

Quick Heal Total Security protects your identity from cybercriminals with the following features.

Data sources:
www.gigaom.com
blogs.rsa.com
www.idtheftcenter.org

Last updated on 10/07/2018.

Rajiv Singha