Identity thieves have created complex, Internet-based black market to buy and sell stolen personal information . Social Security numbers, credit card numbers and other sensitive information are regularly exchanged by Internet and is then used to commit identity theft against unwitting victims. NextAdvisor.com of "financial black Inside Market of the Internet" guide exposes the dark details of the identity theft to the markets and provides advice to consumers on how to avoid being a victim.
San Francisco, CA (PRWEB) September 18, 2008
NextAdvisor.com, the trusted, independent source for comparing the most valuable Internet services, is launching another guide describing underground economy of identity theft complex, and explaining how consumers can use this information to avoid becoming victims.
"On the daily blog NextAdvisor.com, we try to keep readers informed of major data breaches," said NextAdvisor.com Associate Editor Caitlin Podiak. "But what happens to sensitive information after it was stolen? This guide focuses on the black market for stolen data. "
This manual contains a number of facts and figures that may surprise readers. The cost of the stolen data, for example, fell sharply as the black market has grown more sophisticated and profitable growth. When data thieves sell stolen information in bulk, one credit or debit card is only worth about $ 0.50, and complete identity with all the necessary information to open new accounts in the name of someone one else can be had for as little as $ 2.00. the raw data is available for as little as $ 0.20 per megabyte. in some cases, buyers and sellers can fill out online forms in which they indicate the different types of data they have for sale or you want to buy: address, date of birth, social security number, driving license number, the maiden name of the mother, PIN numbers, words password, etc.
The risk of identity theft is very real and it can be scary at times. In unveiling the tactics used by hackers, phishers, spammers and other cybercriminals, NextAdvisor.com hopes to help educate its readers and to remove some of the mystery and confusion surrounding identity theft.
"If consumers clearly understand the specific threats to sensitive data, they will be better equipped to make informed decisions about how to protect themselves," said Podiak.
The "Inside Financial Markets Black Internet" guide is available by visiting:
http://www.nextadvisor.com/blog/2008/09/16/inside- internets- the-financial-black-Contracts-% e2% 80% 93-how-identity-thieves-buy-and-sell-your-personal-information online /
About NextAdvisor.com:
NextAdvisor.com is the trusted, independent source for comparing the most valuable consumer services. The company mission is to help consumers save money and improve their lives by presenting them with useful comparisons and reviews of service providers and a clear explanation of each service and how it works. The company is currently examining, compares and explains many different types of services including credit report and monitoring, protection against identity theft, voice over IP, diet plans, DVD rental and download movies, online education, online tax preparation and online backup. Learn more about http://www.nextadvisor.com.