In March, we told you all about the dark web, the shadow version of the internet we all know, use, and love. This month, we wanted to give you an idea of what’s been going on in the shadows since then (if you need a refresher on what the dark web is, read our March blog). Here’s a memorable tale from the dark web for April, May, and this month, too.
Netflix, Hulu, and Spotify User Data Stolen and Sold
In April, the Australian version of the FBI arrested a 21-year-old for allegedly selling stolen login data from streaming sites, including Netflix, Hulu, and Spotify. How much did this guy make before he was caught? $300,000.
The hacker had been collecting login data for two years before he was arrested in April. He didn’t steal the data himself. Instead, he found previously stolen creds on the dark web, collected them over a number of months, then sold them for $2 a month.
Why would someone purchase your Netflix login? Aside from possibly accessing your billing and other sensitive information, $2 a month for Netflix is a lot cheaper than the $16 a month legit premium subscribers pony up each month.
Wall Street Market Shut Down by German Authorities
In collaboration with Europol (Europe’s version of the FBI), German police shut down the world’s second-largest dark web market in May. German authorities arrested three suspects and seized more than $615,000 in cash.
Wall Street Market was a dark web marketplace where bad actors could purchase drugs, fake documents, stolen data, and malware. The site had more than 1.5 million users. While this was a win for law enforcement, several other dark web markets were waiting in the wings to take its place. The battle against bad actors on the dark web is a marathon, not a sprint.
Bitcoin Brings Down Three Dark Web Drug Dealers
The digital currency Bitcoin is a favorite tool of bad actors. Bitcoin is attractive to criminals because it is not tied to a central bank and it does not divulge any personal information. But in Boston, Massachusetts, Bitcoin brought down three men who are now charged with selling drugs on the web.
Over the course of the investigation, undercover federal agents had met with one of the men to exchange $200,000 worth of Bitcoin into cash. Once the criminal made the transfer, he was arrested. Later, the remaining men were caught red-handed, filling an order for illegal drugs with their dark web vendor page open on their computer.
While these tales make for good campfire stories for IT and cyber security pros, they needn’t scare you if you have an IT team on your side. Contact Now IT Connects to learn how we can keep your data safe.