In a report gathered by Symantec’s Security Technology and Response (STAR) organization, stolen credit card details and bank accounts are among the most advertised goods in the “underground” economy online.
This report reveals that the potential value of stolen goods advertised on the Web is estimated to be more than $276 million - and this is just between July 2007 to June 2008.
For some criminals, stolen credit card numbers are purchased for as little as $0.10 to $25 per card! Symantic reports the average stolen credit card limit advertised online is more than $4,000 though. In addition to credit card numbers being sold in this underground economy, stolen bank account information sells for between $10 and $1,000 and the average advertised stolen bank account balance is nearly $40,000!?
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