Cybercriminals are selling babies information on the dark web
According to CNN, cybercriminals are selling baby information, including social security numbers, personal names, birth dates, account, etc, on the dark web. The first time unscrupulous sellers have offered such products on the black market
The deal appears on the dark web Dream Market, which has been one of the largest Tor markets since November 2013. The report notes that a baby’s fullz data can reach $300 worth of bitcoin. The price of baby data clearly has an advantage over other stolen data because children’s personally identifiable information has long maintained a clean credit history.
Image: itchronicles
Fullz is a slang term used by credit card hackers and data resellers meaning full packages of individuals’ identifying information. “Fullz” usually contain an individual’s name, Social Security number, birth date, account numbers and other data. Fullz are sold to identity thieves, who use them in credit fraud schemes. _via creditcards
More importantly, cybercriminals find it very safe to use personally identifiable information on children, as this particular type of identity may not be found stolen for many years.
“The listing for infant data was discovered by researchers at Terbium Labs, a dark web intelligence firm. The cost and age of the alleged victims came as a surprise to Emily Wilson, the company’s director of analysis.” states the CNN.
It is not new to involve children in identity theft, according to a 2011 report by CyLab at Carnegie Mellon University, the rate of this specific type of crimes for children as being 51 times greater than that of adults.