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Glut In Stolen Identities Forces Price Cut
CowboyRobot writes "The price of a stolen identity has dropped as much as 37 percent in the cybercrime underground: to $25 for a U.S. identity, and $40 for an overseas identity. For $300 or less, you can acquire credentials for a bank account with a balance of $70,000 to $150,000, and $400 is all it takes to get a rival or targeted business knocked offline with a distributed denial-of-service (DDoS)-for-hire attack. Meanwhile, ID theft and bank account credentials are getting cheaper because there is just so much inventory (a.k.a. stolen personal information) out there. Bots are cheap, too: 1,000 bots go for $20, and 15,000, for $250."
So, if I'm to follow the reasoning of this article, if we all use weak passwords , the market gets flooded and they all go out of buisness?
SWEET
password:password, here I come!
I'd like to cut out the middle man and sell my Identity.
40 bucks buys a few cases of beer - just sayin...
_ _ _ Go for the eyes Boo! GO FOR THE EYES!
We need a bounty on cyber criminals. How about $25 per ear?
When Fascism comes to America, it will call itself Anti-Fascism, and tell you to give up your guns.
Here, take my identity, please!
You get to assume a recent bankruptcy, a child support obligation, a spotty employment record, a sub-500 credit score, three maxed-out credit cards, a beater car, and a psychotic ex-wife.
Clean arrest record and a good tech education, though. Maybe you could apply to a NSA contractor.
Reminds me of the time my brother had his wallet stolen. When I asked him if he cancelled his credit card, he said "Hell no! The thieves are spending less than my wife usually does".
Don't you know private industry is the epitome of security and efficiency? That's why the private sector is never plagued by budget overruns or mismanagement.
Why do you hate America, you filthy communist?