Cyber Risks · Krebs on Security

Credit Reports Sold for Cheap in the Underweb

Summary: Krebs on Security reported in March 2013 that Experian, Equifax and TransUnion acknowledged hackers had gained access to user information, hours after Social Security numbers and other data on FBI Director Robert Mueller, Michelle Obama and Paris Hilton were posted online. A site called ssndob.ru sold credit reports for $15 each, driver's license records for $4, background reports for $12, and full identity records for 50 cents, returning a TransUnion report within 15 minutes in a test lookup.

Key Takeaway: A full credit report cost $15 and a complete identity record 50 cents on an open storefront, meaning the price of assuming someone's financial identity was set by a criminal vendor, not by the defenses around the data.

Read the original at Krebs on Security ↗

Topics
Data Breaches
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