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Posted 08 April 2008 - 07:37 AM
Posted 08 April 2008 - 08:31 AM
Posted 08 April 2008 - 10:07 AM
Fierce competition among identity thieves has driven the prices for stolen data down to bargain-basement levels, which has forced crooks to adopt mainstream business tactics to lure customers, according to a new report on Internet security threats.
Credit card numbers were selling for as little as 40 cents each and access to a bank account was going for $10 in the second half of 2007, according to the latest twice-yearly Internet Security Threat Report from Symantec Corp., to be released today.
The Cupertino software company detected 711,912 new threats last year, 468 percent more than in 2006, when it found 125,243 - and almost two-thirds of all 1,122,311 that Symantec has cataloged since 2002.
The data are usually sold through instant-message groups or Web forums that exist for only a few days or even hours, according to Symantec, and the hacking community exacts harsh consequences when members try to pass along fraudulent information.
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Posted 08 April 2008 - 02:32 PM
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