What can attackers do with your stolen data? First, they can use it to create fraudulent transactions on the dark web. In many cases, they can forge your medical history. Whether it’s your kids or passwords, hackers can make a lot of money out of your data. So, the next time you’re in a tight spot, consider the value of your data to avoid someone stealing your data.
Hackers target high-value data.
Many companies and government entities are targeted by cybercriminals, who may steal sensitive data. As a result, companies must understand their cybersecurity policies and take appropriate steps to protect their sensitive data. A company’s reputation is at stake, and a breach can lead to severe damage. In addition, financial institutions are targets for hackers who want to access their customers’ private information or steal confidential financial data. To prevent a breach, companies should follow cybersecurity best practices.
Chinese government cyber-criminals hacked enterprise email software provided by Microsoft. As a result, they took data from more than 30,000 organizations worldwide, including government agencies, legislative bodies, defense contractors, infectious disease researchers, and policy think tanks. In addition, a recent case involving an electricity grid operator in India revealed a Chinese foreign intelligence agency infiltrated the firm’s online presence. These recent hacking scandals have raised concerns about the security of high-value data.
They sell it on the dark web.
It’s not only credit card numbers for sale on the dark web. It’s also personal information, including driver’s license scans. A scan can cost between $5 and $25 and can be used to rent cars, commit insurance fraud, and get different services. As medical records are increasingly digitized, they are also susceptible to cyber theft. The stolen data may include your entire medical history and prescriptions.
People don’t even realize they are being sold on the dark web. It’s shocking to find personal information sold in bulk; even worse, people don’t realize when their data is being used. This is why payment card details are so common, and the price depends on the data they contain. And the higher the amount of information, the higher the price. So how do these thieves make money? Sometimes, they use a stolen credit card or debit card to make purchases.
They use it to make fraudulent transactions.
The most common form of stolen information is personally identifiable (PII). This information is precious to cybercriminals and can be used in various ways. For example, attackers can directly impact the victim through their actions or indirectly by using it to make fraudulent transactions. PII includes banking and billing account information, insurance information, and other data used to manage the financial affairs of individuals.
Once obtained, hackers will often monetize stolen data by making purchases or committing fraud. However, it is far more difficult for hackers to profit from the stolen data anonymously by selling it on the dark web. Instead, PII, including usernames and passwords, is sold in bulk on underground marketplaces. Buyers may use the data to make fraudulent transactions online, including buying unauthorized items, obtaining medical insurance, and gaining access to paid services.
They can use it to forge a medical background.
Stolen medical data is a prime target for hackers and criminals. Not only can it be used to commit long-term identity theft, but it can also be used to extort money from the hacked person. Medical identity theft can have a wide range of negative consequences. H
One method attackers use to steal medical data is to hack into websites. Using stolen medical data, attackers can create false medical background reports to steal patient information. They can also use this information to file false claims with insurers, resulting in reimbursement for services that were never provided. Lastly, hackers can use stolen medical data to purchase illegal drugs or medical equipment using false IDs. To make their medical background, attackers can use stolen medical data.