Contact us today!
(800) 588-4430

Telesys Voice and Data Blog

Telesys Voice and Data has been serving the Richland Hills area since 1994, providing IT Support such as technical helpdesk support, computer support, and consulting to small and medium-sized businesses.

How Much Is Your Identity Worth on the Black Market?

b2ap3_thumbnail_the_dark_web_400.jpgHave you ever wondered what hackers do with all of the data they steal on a regular basis? Sure, they could go public with it like they did with the Ashley Madison and Sony hacks, or they could sell it and make some quick cash. Credentials like passwords, usernames, Social Security numbers, and more, can be sold for top dollar in illegal markets, but how much can your identity go for?

Basically, when your accounts are hacked, criminals will often attempt to sell this information on the Dark Web; a place where only those on the anonymity network, Tor, can access. Most information that’s stolen consists of personal identifiable information and financial data, but hackers will often be content with making off with anything they possibly can. The most common industries targeted by these hackers are healthcare, government, retail, and education, but it should be mentioned that all businesses are susceptible to data theft of any kind.

As a business owner, it’s your job to make sure that this is prevented at all costs. The last thing you want is a hacker stealing your organization’s financial information or your employees’ personal information. Your organization’s information is much more valuable than you might think it is, especially to hackers. They will find value in any data, regardless of what it is. Here are some figures provided by ZDNet as to just how much specific credentials, accounts, and other sensitive information can go for on the Dark Web.

  • Mobile accounts in the United States can be sold for as little as $14 apiece.
  • PayPal and eBay accounts that have a significant amount of transaction history can be sold for around $300 each.
  • Supposedly, Uber accounts are in high demand.
  • Bank account credentials can sell for anywhere between $200 and $500 apiece, depending on how much cash is actually stored in them.
  • As you might guess, credit card information is in high demand. In fact, it’s almost comical how much thought is put into the process of selling a credit card number. According to ZDNet, the price varies drastically depending on supply and demand, as well as whether or not they’ll actually work and how much the buyer can get out of the card before it’s reported and deactivated. Most credit card information is sold in bulk to reduce the unit price.
  • Personally identifiable information is sold at $1 per line of information; in other words, someone could purchase your full legal name, Social Security number, address, date of birth, and more, for the price of a meal at a fast food joint. This is more than enough info to commit identity fraud.
  • Full credit reports can be purchased for $25 apiece. Other documents, like passports and driver’s licenses, can be sold for anywhere between $10 and $35 per document.

So, as you can see, data theft is no joke to hackers, and it shouldn’t be for your business either. The legal ramifications of allowing a large-scale data breach, including the theft of your business’s, employees’, and clients’ information, could result in extremely pricy fines, a loss of credibility, and in the worst-case scenario, the end for your organization. While one individual’s personal information might not have a big price tag, your contact database is a treasure trove to hackers.

The best way to avoid a full-scale hack that results in the theft of a significant amount of personal information is to implement a comprehensive security solution designed to keep threats out and eliminate suspicious activity on your network. A Unified Threat Management (UTM) solution is capable of providing a firewall, antivirus, spam blocking, and content filtering solution that’s designed with the safety of your organization in mind. Give us a call at (800) 588-4430 to learn more about how Telesys Voice and Data can protect your organization from hacking attacks.


No comments yet
Already Registered? Login Here
Tuesday, 25 June 2019
If you'd like to register, please fill in the username, password and name fields.

Captcha Image

Free Consultation

Sign up today for a
FREE Network Consultation

How secure is your IT infrastructure?
Let us evaluate it for free!

Sign up Now!

Free Consultation

Tag Cloud

Security Tip of the Week Technology Cloud Best Practices Business Computing Hackers Malware Privacy Email Business Productivity Hosted Solutions Microsoft Software Internet Network Security IT Services Windows 10 Managed Service Provider Backup Computer Ransomware Productivity Innovation Mobile Devices Android Outsourced IT Smartphone Social Media Managed IT services Data Backup Hardware User Tips Google Business Continuity Efficiency Data Browser Communication IT Support Disaster Recovery Workplace Tips Data Recovery Business Management Upgrade Cloud Computing Data Management Small Business App Smartphones Internet of Things Managed IT Services Office Remote Monitoring Server Holiday Microsoft Office IT Support Facebook Phishing Office 365 Miscellaneous WiFi Windows Network Password Encryption Save Money Paperless Office Spam Tech Term Passwords Artificial Intelligence Gmail Big Data Unified Threat Management Apps Hosted Solution Recovery communications VoIP Robot Customer Relationship Management Employer-Employee Relationship Risk Management Collaboration Bandwidth Firewall Content Filtering Customer Service Mobile Device Management Saving Money How To Downtime Wi-Fi Remote Computing Government Office Tips Money Work/Life Balance Infrastructure Analytics Chrome Compliance Document Management Word Tip of the week Vendor Management Apple Hacker Avoiding Downtime Cybersecurity Education Hacking Applications Alert Data Security Mobile Computing Printing Tech Support Cybercrime Data storage Computing Operating System Social IT Management Website Virtual Reality Mobile Device Presentation Business Growth Antivirus SaaS Project Management BYOD Managed IT Two-factor Authentication Business Technology Data loss BDR Settings Outlook The Internet of Things Computers Windows 10 Telephone Systems File Sharing Health Vulnerability Automation Physical Security Going Green VPN IT service Smart Technology Taxes Cortana Virtualization Help Desk Botnet Administration Competition Virtual Private Network HIPAA Software as a Service Samsung Router Assessment Server Management Mobile Security Licensing IT solutions Safety Information Technology Meetings Digital Payment Storage Consultation Wireless Technology Humor Wireless Maintenance Computer Care Analyitcs Training YouTube Unified Communications Tablet Specifications Automobile Upgrades LiFi Budget End of Support Managed Service User Mouse Healthcare Legal Augmented Reality Retail Proactive IBM Patch Management Best Practice Running Cable Twitter Lithium-ion battery Scam Regulations Politics Monitors Business Owner Remote Monitoring and Management Travel Identity Theft Bring Your Own Device Google Drive Search Net Neutrality Websites Sports Marketing WPA3 IP Address PowerPoint Wearable Technology Hard Disk Drive Motion Sickness Supercomputer Alt Codes Google Docs Motherboard Firefox Mobile Servers Employees Internet Exlporer Writing business network infrastructure Consumers Personal Information Fleet Tracking Mobile Office Distributed Denial of Service IT Consultant IT Budget Typing Techology Company Culture Zero-Day Threat Machine Learning Social Engineering Buisness data services Computer Repair eWaste Asset Tracking Mail Merge IT Technicians Technology Tips Managed IT Service Cleaning Notifications Cryptocurrency Knowledge Disaster Resistance Modem IT Sevices Vulnerabilities Statistics Backup and Disaster Recovery Hotspot Software Tips User Error Relocation Electronic Medical Records Environment Google Wallet Remote Workers Address Mirgation Comparison Webcam Break Fix Crowdsourcing Bitcoin Dark Data Experience Proactive IT Cookies Geography Bluetooth Procurement Language Printer Private Cloud Troubleshooting Drones Information Redundancy Migration Corporate Profile Black Friday Point of Sale Dark Web Windows 8 IT Consulting Nanotechnology Quick Tips Cables Domains Remote Worker Computing Infrastructure History Access Control Error Electronic Health Records 5G Phone System Chatbots Entrepreneur WannaCry Cyber Monday Data Warehousing Data Breach IoT Application Time Management Users Wires Public Speaking Virtual Assistant Alerts Cabling SharePoint Update Cyberattacks Identity flu season Web Server Staffing Network Management Microsoft Excel Technology Laws Utility Computing Voice over Internet Protocol Cooperation Downloads Administrator 3D Printing GPS Chromebook Bookmarks Lenovo VoIP Fort Worth Cameras Hard Drives Touchscreen Blockchain Google Maps Law Enforcement Network Congestion Laptop Unified Threat Management Virtual Desktop MSP Shortcut Manufacturing Staff Disaster Multi-Factor Security Unsupported Software flu shot CCTV Tracking Emoji iPhone Favorites Superfish Digital Cost Management Refrigeration Permissions Gadget Display Halloween business communications systems Mobile Data Hacks Proactive Maintenance Flexibility Uninterrupted Power Supply Google Calendar Fort Worth IT Deep Learning Conferencing Fun Spyware Management Fraud Scary Stories Internet Protocol Current Events Operations Solid State Drive Legislation DFW IT Service G Suite Processors Networking Social Networking How To Enterprise Resource Planning Undo Heating/Cooling VoIP streamlines

Top Blog

Let's look at the definition of disaster. dis·as·ter A calamitous event, especially one occurring suddenly and causing great loss of life, damage, or hardship, as a flood, airplane crash, or business failure.To Telesys Voice and Data, a disaster is anything that involves a major loss of data or major downt...