The Dark Web is the seamy underbelly of the internet. It is where bad actors lurk and do business with their equally unscrupulous peers. While much of what makes the headlines is the sales of drugs, weapons and child pornography, there is a far more plentiful product being supplied there that can jeopardize individuals and businesses alike … information.
Personal information – from voter registration data to full credit card details – is well stocked on the Dark Web, being sold in bulk to criminals looking to exploit that data for identity theft, scams and online shopping sprees unleashed on unsuspecting citizens. When this information falls into the wrong hands it can ruin people’s credit and leave them with months or years of legal battles to undo the damage and reclaim their identities.
But businesses are just as susceptible to being undermined via information traded on the Dark Web. Login credentials, server information, transaction details, account information — there’s an endless trove of data that can be stolen and either ransomed back to the company or sold to the highest Bitcoin bidder before it’s employed for whatever nefarious purposes the buyer may have in mind.
Read the complete post at Channel Futures.