A recent data breach at BriansClub has revealed the dark market value of credit card data. The breach, which took place in March, impacted over 150,000 customers. As you may know, credit card data is highly valuable on the black market. In fact, the average sale price for credit card data is $2,500. This raises several important questions: -What steps can you take to protect your credit card data? -What are the risks associated with using a debit or prepaid card? -How can you assess the value of your data if it’s been stolen?
What is the BriansClub Credit Card Data Breach?
The Briansclub credit card data breach has revealed that the dark market value of customer data is high. The Briansclub data breach was first discovered in March of this year and affected over 37 million customers. The data breach involved the theft of customer login credentials, which gave hackers access to account information, including credit card numbers and expiration dates.
According to a recent study by cyber security firm Kaspersky Lab, the dark market value of online user data increased by 44% in the second quarter of 2017 compared to the same period last year. Cyber criminals are now able to sell stolen user data on black markets for as much as $3,000 per record. The study also found that 43% of all attacks targeted user data in 2017, up from 36% in 2016.
This high demand for customer data indicates that cyber crime is becoming increasingly profitable. By understanding how cyber criminals are profiting from these incidents, businesses can take steps to protect themselves and their customers.
How Much Money is Stolen in the Data Breach?
According to a recent study by Javelin Strategy & Research, data breaches cost companies an estimated $3.8 billion in 2017, a 12% increase from the year prior. The most costly breaches were those with high value data (over $5 million), and those that took place in the public sector.
A single breach of Equifax’s systems could have resulted in the exposure of up to 147 million records. In this case, hackers accessed files containing personal information such as social security numbers, birth dates, and addresses. This information was then put up for sale on a dark market, where criminals can sell information they stole in past breaches.
Data breaches can also have serious financial consequences for individuals. For example, one study found that lost wages due to identity theft total $16 billion per year in the United States alone. And since many data breaches also involve personal financial information, victims may also experience significant losses when applying for new credit cards or mortgages, or when trying to get insurance policies or loans in their name.
While it’s impossible to know exactly how much money is stolen in data breaches, these studies provide an estimate of just how costly these incidents are for businesses and consumers alike.
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The Dark Web: The Marketplace Where the Money Is Sold
The staggering value of data breaches is becoming increasingly apparent as more and more companies realize the potential financial benefits to be had in the dark web. A recent data breach at Briansclub credit card company has revealed that personal information, including Social Security numbers, was leaked online for sale on a closely-guarded dark market site.
According to security experts, the data is being sold for a staggering $150 per record. This means that the total value of the information acquired by thieves is likely in excess of $1 million. In addition to Social Security numbers, other sensitive data included in the breach includes addresses, dates of birth, and PINs.
This type of attack not only compromises the privacy and security of individuals affected by the leak, but also puts them at risk of identity theft. Anyone who has been affected by this breach should take immediate steps to protect their personal information by monitoring their credit reports and applying updated passwords to any accounts that may have been compromised.
Conclusion
The recent data breach at BriansClub cm has led to the exposure of credit card information for over 100,000 customers. This event has revealed that the dark market value for this data is worth an estimated $2 million. While it is still unclear what happened to the stolen data, it is important that people are aware of the potential consequences of a data breach and know what steps to take in order to protect their information.
