A two-year long study has found the average price of various kinds of personal information on the dark web. Individuals’ social security numbers were only worth $4 while bank account details went for higher prices. Factors that raised the cost of the personal information was the balance of those bank accounts and whether the holders had good credit or not.
The study highlights how inexpensive personal data has become on an individual level – if an amateur hacker or criminal wanted to get their hands on someone’s personal data and steal their identity or open a new line of credit in someone’s name, it would take less than $50 to do so.
Make sure you have security measures in place on your bank accounts and consider placing a credit freeze so nothing is opened in your name.
For more details, visit Forbes.