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Malware authors find low risk, high rewards

Security threats aplenty, as malware continues to pose significant security issues for companies and customers

| Hacking & Security News | Posted: Feb 22, 2014 2:28 am

Cybercriminals are successfully using malware to steal customer debit and credit card information, company customer lists, and sensitive data seemingly at will. Underground forums have become a popular destination for criminals buying and selling stolen personal information, with analytics used to detail credit limits and which banks have more lenient security procedures in place.

 

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In one underground forum, for example, a list of 10,000 e-mails - broken down by age, gender, and geographic location - for just $79 for purchase, and there are plenty of similar offers available. Key logger software can be purchased for $35-$50, and customizations can be added for a slightly increased fee.

 

After the recent Target data breach, which affected more than 70 million in-store customers, more Internet users are becoming aware of cyber threats. Banks have already paid more than $200 million in costs related to the breach, and that number is only expected to increase over the next few months.

NEWS SOURCES:Npr.org

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