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Over the past few years, the personal data theft landscape has changed as online behaviors and activities evolve.

 

To better understand this crime, it helps to understand what personal data is worth to an identity thief. The average identity thief doesn’t steal data to use for him or herself. In most cases, they take the personal information and sell it on the online black market. It can be surprising what an individual’s personal information is worth.

Based off of what we’ve seen at CSID, a credit card number, name and date of birth can sell for $13. A Social Security Number can go for $20. A bank account with a balance of $10,000 goes for an average cost of $625. Even the value of a person’s social media account has worth. According to RSA, 10,000 followers on Twitter sell for $15. 1,000 likes on Facebook sell for $15.

 

Via Gust MEES

The Albania Pirate Group has had its Facebook page shut down by the social network, after stolen passwords were exchanged between 600+ members.

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A daring hack and heist targeting online Bitcoin wallet service Inputs.io has resulted in the theft of 4,100 Bitcoins (currently over $1.3 m...

 

If there’s one thing that this incident does demonstrate, is that anyone can make all sorts of inaccurate or blatantly false claims online, and that it’s not a good idea to keep your money with someone whose identity you don’t even know.

 

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By now, most everyone has heard the story: on April 23rd, the AP’s twitter account was “hacked.” The tweet, which was a fairly obviously fake, still managed to send Wall Street into a panic. The Dow Jones Industrial Average dropped 145 points in 2 minutes.

 

So why is this important? It highlights the reality of the threat landscape.

 

The point of the story is that mobile security isn’t just about protecting you from viruses. Threats don’t only come in the form of malicious applications that one inadvertently “sideloads” onto his or her device. Mobile security is also about making sure your data is protected.

 

It doesn’t matter whether the economic climate is good or bad, there is always a market for fraud. The marketplace for carding is growing and will continue to grow. And as the engineers behind these types of attacks get smarter and smarter, we can only expect to see them more and more often.

 

 

 

 

 

Via Gust MEES

Universities face unique challenges keeping their servers and networks secure from cyber-criminals while accommodating the influx of student and faculty-owned devices each year. A recent analysis of online transaction data highlighted to what extent some universities have already been compromised.

 

ThreatMetrix, a provider of anti-cybercrime prevention solutions, found that cyber-criminals had already infiltrated networks belonging to major educational institutions including New York University, George Mason University, Harvard University, Purdue University, and University of California in Irvine, Alisdair Faulkner, chief product officer at ThreatMetrix, told SecurityWeek.

 

ThreatMextrix looked at all the data collected by its systems in September and filtered out only IP addresses that corresponded to university networks for this analysis, Faulkner said.

 

Read more, a MUST:

http://www.securityweek.com/cybercriminals-increasingly-attacking-university-networks?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+Securityweek+(SecurityWeek+RSS+Feed)&utm_content=Google+Reader

 

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