You are here: Home - News -

Fraudsters can buy your data on the dark web for less than £2

by: Paloma Kubiak
  • 02/07/2018
  • 0
Cyber criminals are selling personal details including social media and shopping log-ins on dark web market places from just £1.60.

Social media data is worth less than financial data. But according to comparison site Money Guru, your entire personal identity can be bought online for less than £750. This ranges from usernames, passwords, email addresses and any personal details associated with your account such as phone numbers.

It searched the dark web to find the average cost of log-in details for travel, music, gaming email and mobile accounts.

Here are some examples of what it found:

  • Reddit: £1.60
  • Twitter and Gmail: £2.50
  • Facebook: £3
  • Uber: £4.90
  • Netflix: £8.20
  • eBay: £9.70
  • Amazon Prime: £9.80
  • Apple ID: £10.30
  • Airbnb: £10.90
  • T-Mobile: £15.10
  • Debit card: £65.20, credit card: £92.60, online banking: £203.50 and PayPal £258.

In total, this is how much your personal data is worth:

  • Finance (credit cards, debit cards, online marketing, PayPal) = £619.40
  • Online shopping (Amazon prime, Groupon, eBay, Tesco) =  £30.30
  • Travel (Airbnb, British Airways, Uber, Experian) = £26.40
  • Entertainment (Apple ID, Netflix, Spotify, Tidal, Steam) = £27.90
  • Social media (Facebook, Reddit, Instagram, Pinterest, Twitter) = £18.40
  • Email and Communication (AOL, Gmail, Hotmail, T-Mobile) = £21.90

James MacDonald, head of digital at Money Guru, said: “Our research into personal data and how much it’s actually worth on the black market is shocking to say the least. For less than £750 criminals can access not only your bank details, but online shopping, social media and email information too. This just goes to show how vital it is to protect your data where possible to avoid facing costly consequences.”

Annual fraud against individuals in the UK is estimated by Experian to be worth £6.8bn.

There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.

Profiles

Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.

Marketwatch

Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.

Poll

Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
Read previous post:
Stephen Smith
On the MMS: The price of everything and the value of nothing – Stephen Smith

Oscar Wilde often has the best lines. In his play “Lady Windermere’s Fan” he has Lord Darlington say that a...

Close