The Biggest Thief Is the Data Thief
Russia’s first cyberattack on Ukraine was a warning shot. Russia will launch new attacks as the war continues, mobilizing its entire hacker workforce. In the wake of the pandemic and the downtime it caused, data theft has increased worldwide.
Data is a big concept and like royal treasure of the past, it is now a valuable commodity. The outsiders who steal this data, the hackers, breach security systems to obtain and sell it on the international market in a process known as data theft. Other than organizations like Wikileaks, which hack data to disclose classified information, most hackers, experts in computer technology, extract rare information and sell it at a premium.
Mark Zuckerberg was repeatedly embroiled in controversy following the data breach of millions of Facebook users. He faced charges that he himself was complicit in the data hacks. Russia is eager to buy all kinds of data and sell it to foreign governments. Vladimir Putin is a cunning player who considers data critical ammunition to be secured at any cost.
When the details of 50 million Facebook accounts were stolen, people pointed to Russian actors. Although Facebook reported the affected accounts and logged them out, along with another 40 million users whose accounts were compromised, the breaches occurred again.
Billions of people rely on millions of websites, social media and other digital platforms. These platforms have proven to be a powerful communication tool even if they are not as reliable as printed media. In this environment, data security has become a matter of reputation and is linked to individual rights. A hacked account violates someone’s privacy. After serious data leaks, Facebook spent millions on a new security system, but this did not prevent further data theft. The hackers are more sophisticated than Zuckerberg’s technocrats, rendering databanks vulnerable.
The aftershocks of the infamous Cambridge Analytica scandal that involved the theft of Facebook data continue to be felt today. The average user is unaware that their fragmented data points are being aggregated into tools capable of manipulating the way countries are governed. Furthermore, giant corporations continue to experience data theft as these companies go to great lengths to acquire the data of their competitors.
The price of a person’s data in the U.K. and the U.S. is between $1 and $20. If you make an e-payment online, you can get your horoscope by email to an amazing extent on these black market sites.
Most of these black markets operate from Russia or the former Soviet states. They are also prevalent in Eastern European countries where data is priced by weight. Hackers and those who sell data on the black market are of the same lineage as James Bond and Sherlock Holmes, but they have gone much further. A Moscow-based company called WebMoney has become the new No. 2 global exchange.
Data is a big concept and like royal treasure of the past, it is now a valuable commodity. The outsiders who steal this data, the hackers, breach security systems to obtain and sell it on the international market in a process known as data theft. Other than organizations like Wikileaks, which hack data to disclose classified information, most hackers, experts in computer technology, extract rare information and sell it at a premium.
Mark Zuckerberg was repeatedly embroiled in controversy following the data breach of millions of Facebook users. He faced charges that he himself was complicit in the data hacks. Russia is eager to buy all kinds of data and sell it to foreign governments. Vladimir Putin is a cunning player who considers data critical ammunition to be secured at any cost.
When the details of 50 million Facebook accounts were stolen, people pointed to Russian actors. Although Facebook reported the affected accounts and logged them out, along with another 40 million users whose accounts were compromised, the breaches occurred again.
Billions of people rely on millions of websites, social media and other digital platforms. These platforms have proven to be a powerful communication tool even if they are not as reliable as printed media. In this environment, data security has become a matter of reputation and is linked to individual rights. A hacked account violates someone’s privacy. After serious data leaks, Facebook spent millions on a new security system, but this did not prevent further data theft. The hackers are more sophisticated than Zuckerberg’s technocrats, rendering databanks vulnerable.
The aftershocks of the infamous Cambridge Analytica scandal that involved the theft of Facebook data continue to be felt today. The average user is unaware that their fragmented data points are being aggregated into tools capable of manipulating the way countries are governed. Furthermore, giant corporations continue to experience data theft as these companies go to great lengths to acquire the data of their competitors.
The price of a person’s data in the U.K. and the U.S. is between $1 and $20. If you make an e-payment online, you can get your horoscope by email to an amazing extent on these black market sites.
Most of these black markets operate from Russia or the former Soviet states. They are also prevalent in Eastern European countries where data is priced by weight. Hackers and those who sell data on the black market are of the same lineage as James Bond and Sherlock Holmes, but they have gone much further. A Moscow-based company called WebMoney has become the new No. 2 global exchange.
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