According to a report by Kaspersky Labs, your personal data could be up for sale on the Dark Web for as low as Rs 3,500 (US$ 50). This includes everything you do online, right from your bank details to the games you play and the porn you watch.
Kaspersky Labs has been investigating markets on the Dark Web and discovered that the user's personal data often sells for a very cheap price.
These sensitive credentials are a core part of everyone's life and with increasing online identity thefts and frauds, you may anytime be a victim.
"This can include data from stolen social media accounts, banking details, remote access to servers or desktops, and even data from popular services like Uber, Netflix, and Spotify, as well as gaming websites, dating apps, and porn websites which might store credit card information" the report states.
A single vulnerable account costs just US$ 1 and hackers sell them in bulk, which costs even lesser. These accounts could be your email, third party services, or even your own devices.
We come across major vulnerabilities in products every now and then and while companies strive to keep their systems secure, the internet has a history of compromised accounts. This is the primary reason why it's always recommended to have a different password for all your online activities.
With two-factor authentication gaining wider support, it's always a healthy practice to keep it switched on.
Hacked accounts may not only lead to financial loss but also contribute to identify theft. The perpetrator can use your identity for illegal actions, indirectly putting you in the line of fire.
Another way to stay safe is never giving your credentials to untrusted websites or apps. One way to verify authenticity is to check the SSL certificate by clicking the green lock icon beside the URL.
An encrypted transfer has become a basic norm for services and majority of the mainstream, sites have identity verification as well in the certificate.
The Dark Web is a partitioned part of the internet that is not indexed by search engines. Many reside on encrypted networks like TOR and use proxy servers to hide their location and IP address. Hence, it becomes near to impossible for law enforcement agencies to track cybercrime.
Source: The Economic Times