Crooks are trading stolen IDs and bank account information for as little as 50p in cyber crime supermarkets.Everything from bank account details to e-mail passwords are on offer at the blackmarket forums, a report out today says.Prices range from as little as 50p to upwards of £500, depending on the size of the bank account.Some packages are even bundled together in buy-one-get-one-free bargains and personal identities are often bought in bulk on the websites.The most popular items are bank accounts, credit cards and IDs, according to the report by internet security company Symantec.
It said British IDs and accounts are particularly popular as they allow criminals to cross borders and operate from anywhere within Europe – they cost up to 50 per cent more than US identities.Many details are gained by 'phishing' e-mails where users unwittingly provide internetinformation to criminals posing as banks or government agencies.
Lee Sharrocks, from Symantec, said: 'The underground economy market for stolen online consumer data is continuing to grow.'There is also an obvious shift in focus from attacks targeted at instant financial gain versus those aimed at obtaining identity information from consumers in pursuit of longer term rewards.'
Source: Metro London
