Page 41 - CDM Cyber Warnings November 2013

Report on commodities value in the cyber criminal
underground market

Security experts Stewart from Dell SecureWorks and independent researcher David
Shearhave explored online underground marketplace for stolen data.

Digital identity is one of the most attractive goods sold in the underground, to a growing demand

coincided with a more structured supply that will satisfy even the most complex requirements.
Cybercrime pays and in the majority of cases goes unpunished, that's why we are observing the

reconversion of many criminal gangs to the cyber business.

I've found an interesting post that evaluates the economic value assigned by cybercriminals to
digital identity in the underground market.

When we speak on identity theft and underground we refer a huge quantity of data and services
provided by "black sellers", stolen data and hacking services are obviously the most requested.

Researcher Joe Stewart of Dell SecureWorks and independent researcher David Shear
provided an interesting overview of hacking services and stolen data cost in the black market
specifically in this period. The two cyber experts infiltrated 15 different underground forums to

collect the pricing information, four of which were Russian forums.

The experts have written the report titled, “The Underground Hacking Economy is Alive and
Well” , published by Dell, that is the result of the investigation on the online marketplace for
stolen data, specific to the economic value of products proposed.

Security experts have revealed that the price of a stolen identity has been reduced by 37
percent on the black market, passing reaching $25 for a U.S. identity and $40 for an overseas
identity.

41 Cyber Warnings E-Magazine – November 2013 Edition
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