PRICE WAR OVER PERSONAL IDENTITIES

April 14th, 2009 by admin

identity_theft

Criminals are able to buy full personal identities for “less than a can of cola”, an internet security firm has said.

The market for stolen personal information, including credit card details, names addresses and dates of birth, grew to such an extent last year that a price war seems to have developed, according to the annual Symantec Internet Security Threat Report.

It found that criminals were targeting individuals for financial gain “more than ever before”.

Investigators said the UK suffered the second highest level of malicious online activity in the Europe, the Middle East and Africa (EMEA), with 11% of the region’s total. Germany topped the league with 14%.

Credit card information was the most sought after, with details selling for as little as 40p, although some could fetch £20. Bank account details sold for as much as £675, whilst full identities could be bought for between 50p and £40.


One Response

  1. george69m

    wow

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