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Billions of stolen usernames and passwords discovered for sale on the Dark Web - with bank accounts being flogged for as little as £56 Cybersecurity firm Digital Shadows said it found more than 15 billion credentials Bank account details were available for between £56 and £400 apiece Five billion of the identified credentials were assessed to be unique Published: 08:06 EDT, 8 July 2020 | Updated: 09:46 EDT, 8 July 2020 Billions of stolen usernames and passwords, including log-ins to bank accounts, are being offered to cybercriminals on the dark web, new research suggests. Cybersecurity firm Digital Shadows said it found more than 15 billion credentials in circulation on online marketplaces used by criminals. It said account details were available for a variety of accounts, ranging from bank details to music streaming services. For the latter, details were available, on average, for around £12. Bank and financial service accounts are on sale for an average of £56. But the price can spike to more than £400 for access to 'high-quality accounts'.
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LATEST PRITI PATEL NEWS AND HOME OFFICE UPDATES Clashes with police as thousands, including Laurence Fox, protest against lockdown in London amid calls for protests to be ALLOWED after Sarah Everard vigil - and anti-restriction demos sweep Europe 20/03/21 08:02 Demonstrators were hauled away by officers at the protest in Hyde Park, London, at around midday today. Hundreds of protesters met at the park before police broke up the proceedings and made arrests. It comes as politicians across the House of Commons called for Priti Patel (inset) to change coronavirus legislation to allow protests despite lockdown. More than 60 MPs joined campaign groups Big Brother Watch and Liberty in writing to the Home Secretary (inset top) to say it is a human right to demonstrate (left in Clapham Common last week, and right in Westminster). Tories Steve Baker and Sir Christopher Chope as well as Liberal Democrat leader Sir Ed Davey and Labour MPs Diane Abbott and Dawn Butler signed the letter. They are calling on Ms Patel to tell police to 'facilitate' protests and avoid forcing them to 'decipher precisely what is required'.
It comes as activists are expected to take to the streets across Britain again on Saturday as they call for an end to Covid restrictions... Police clampdown on Hyde Park anti-lockdown protest
Cybersecurity firm Digital Shadows said it found more than 15 billion credentials in circulation on online marketplaces used by criminals (stock) Five billion of the identified credentials were assessed to be unique in that they had not been advertised more than once on a criminal forum. According to the research, banking and financial accounts made up around a quarter of those advertised. The cybersecurity firm said the number of stolen credentials available had quadrupled since 2018 as a result of more than 100, 000 data breaches. Rick Holland, chief information security officer and vice president of strategy at Digital Shadows, said: 'The sheer number of credentials available is staggering and in just over the past one-and-a-half years we've identified and alerted our customers to some 27 million credentials - which could directly affect them. Account details were available for a variety of account, ranging from bank details to music streaming services. For the latter, prices were available, on average, for around £12.
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However, bank and financial service accounts are on sale for an average of £56 (stock) 'Some of these exposed accounts can have - or have access to - incredibly sensitive information. 'Details exposed from one breach could be reused to compromise accounts used elsewhere. It urged the public and businesses to follow basic cybersecurity principles, such as using different passwords for different accounts and activating additional layers of security for log-in such as two-factor authentication. The research warned that many online tools which could be used to target accounts were available to buy online for less than £3. 50 and can be used with little technical expertise. Digital Shadows' research also warned that as well as individuals, credentials providing access to large organisations and their systems were also being advertised. Kate Bevan, Which? Computing Editor, said: 'The huge market for stolen data goes to show why banks and other firms that hold their customers' sensitive information must do more to protect it from hackers, such as using two-factor authentication as standard.
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Popular methods include adding a number at the end, adding capital letters or inserting a 'special character', such as an underscore. Cyber criminals can use software tools to test combinations of credentials in a highly automated bulk effort. For example, if a victim enters a password 'DerbyRam95', the software will try variations, such as 'DerbyRams_95', 'derbyram2020', or 'DCFCRams95'. If they get lucky, the password entered to access a harmless TV streaming service will be very similar to one used to access online banking. Hackers will try to use this to see if they can access financial services, and deplete a person's money. The best defence against this type of attack is to use a unique password for each site you have an account with. There are various password management applications that can help you to keep track of all of these details in a secure manner. You can also check whether any of your accounts have been breached using the website Have I Been Pwned. Advertisement