THE evolution of Web 2.0 services and the world of cybercrime is a driving the evolution in the price that cyber criminals charge each other for suer credentials, Imperva says.
The data security specialist claims, the price of a file of user credentials, known as a ‘dump’ in the hacking realm, depends greater on internet services.
"Just five years ago, the illegal trade in credit card details was a rising problem for the financial services industry, as well as their customers, with platinum and corporate cards being highly prized by the fraudsters," Imperva’s chief technology officer, Amichai Shulman explains.
"Today, however, there are reports of Twitter credentials changing hands for up to $1,000 owing to the revenue generation that is possible from a Web 2.0 services account.”
Imperva claims this cybercrime evolution is illustrated the ‘going rate’ of $1.50 for a Hotmail account while it’s $80.00 and plus for a Gmail account.
Shulman says this is because internet users favour using Gmail over Hotmail and also because Gmail gives access to a range of Google cloud service.
Add a comment