SINISTER cyber criminals are selling people’s login details for as little as £7 on the dark web.
Unsuspecting users of Facebook, Fortnite, Tesco and other big brands have had their usernames and passwords stolen and sold to the highest bidder, according to new research.
Getty – Contributor Hackers could be swapping your logins for cash
The sordid sales could expose people’s private information to hackers, including their bank details and home address, providing scammers with a variety of ways to commit identity theft.
They were uncovered as part of a recent investigation into dark web activities.
Account details for big sites have flooded dark web marketplaces in recent months thanks to a wave of major data breaches.
Security experts at Virtual Private Network (VPN) comparison service Top10VPN.com reviewed tens of thousands of listings on five popular marketplaces such as Dream, Point and Wall Street Market.
Alamy Facebook was one of several major sites affected
They found that logins for British Airways – which suffered a major data breach last year – are going for as much as £31.94 a pop.
That’s because hackers can steal points from the accounts to boost their air miles and get free flights.
Amazon details are worth about £14.50, and are largely used for credit card fraud, while Facebook logins sell for only £7.
That’s because some Facebook users have their bank details linked to their account, allowing hackers to nick their cash.
THE PRICE OF YOUR LOGINS ON THE DARK WEBHere’s how much your details are going for…
British Airways: £31.94
The research found that certain listings had considerably jumped in price since last year, meaning their value to fraudsters is on the rise.
Listings for Facebook accounts, for instance, have jumped by 86%.
Simon Migliano, head of research at Top10VPN.com, said: “Last year’s serious security breaches involving Facebook and British Airways customers led to vast quantities of personal data flooding these blackmarket sites.
“The high profile nature of these hacks has also created quite the appetite for these stolen account details, meaning that prices have notably jumped since last year too.
Getty – Contributor Make sure you use a unique password for every site you use, and activate two-factor authentication if it’s available
“This is a highly – and understandably – worrying situation for customers who might have been caught in these hacks.
“Storing payment information across a whole range of online accounts – even social media – is now par for the course for the majority of consumers as it’s simply so convenient. The downside is that if a fraudster gains access to one account they then, essentially, have the keys to the kingdom.”
He added that web users should always use a unique password for each site they use to bolster security, and protect themselves when connecting to public Wi-Fi networks.
You should also make sure you activate two-factor authentication on any websites that allow it.
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Data breaches are on the rise as savvy hackers wise up to the lax attitude many big businesses have towards cyber security.
Last month, an enormous cache of email addresses and passwords from across the web was dumped online by hackers.
Dubbed Collections 1, it was quickly followed up by a second cache of 2billion credentials that could be the largest data breach in history.
You can read our full guide on phishing and how to avoid attacks by clicking here.
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