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Stolen Twitter passwords 'worth more than credit card details'

by The Gurus
March 31, 2014
in Top 10 Stories
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Telegraph: Stolen Twitter accounts can now be worth more to hackers than credit card details, according to a piece of research which shows that the law of supply and demand affects the cyber crime industry in the same way it does legitimate business.
Credit card details – once the “currency of the black market” – were worth between $20 and $40 when fresh, quickly dropping to as low as $2 when “stale”. But recent data breaches have caused a glut of data to flood onto the market, slashing the cost of stolen card details, writes security expert Michael Callahan of Juniper Networks.
 

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