Cyber Risks · Krebs on Security

The Scrap Value of a Hacked PC, Revisited

Summary: Krebs revisited his earlier Washington Post chart showing how miscreants monetize hacked PCs, updating it to add increasingly prevalent uses such as ransomware hostage attacks and reputation hijacking on social networking forums. He also cites point-and-click account checking tools sold on fraud forums by one vendor, used to test the validity and status of accounts at Amazon, American Express, eBay, Facebook, iTunes, PayPal and Skype.

Key Takeaway: Krebs states that nearly every aspect of a hacked computer and a user's online life can be and has been commoditized, and that he has not yet found an exception to the rule that anything with resale value has a service or product in the cybercriminal underground to monetize it.

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Topics
Data Breaches
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