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How illicit markets fueled by data breaches sell your personal information to criminals
Every piece of personal data about you has inherent value. As long as there are customers clamoring for that data, breaches are likely to continue.
The quantity of information, whether Social Security numbers or credit card details, that can be stolen through data breaches is more than any one group of criminals can efficiently process, validate or use in a reasonable amount of time. Phishing involves sending convincing emails or SMS text messages to people to trick them into giving up sensitive information such as logins and passwords, often by clicking a false link that seems legitimate. Forums quickly gained popularity and became successful businesses with vendors selling stolen credit cards, malware and related goods and services to misuse personal information and enable fraud.
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