The Dark Web trade exposed

It was the cover story of The Times on Saturday, and has been an infamous point of discussion since the internet became mainstream, but what is the dark web, how can I protect data from the dark web, and why should we be worried?

“Searching on the Internet today can be compared to dragging a net across the surface of the ocean. While a great deal may be caught in the net, there is still a wealth of information that is deep, and therefore, missed. The reason is simple: Most of the Web’s information is buried far down on dynamically generated sites, and standard search engines never find it.” – Michael K. Bergman

The dark web refers to a huge area of the internet, untraceable by standard web browsers, and only accessible through encryption tools such as Tor. Tor hides the identity and location of the user, and is usually used by the website host as well as by the user, meaning that a huge amount of unlawful transactions involving fraudulent identity documents can take place covertly.

Research revealed by The Times this Saturday reported a shocking number of forged identity documents, including passports, utility bills, driving licenses and bank statements, were on sale on the dark web for anywhere from as little as £7 for a passport scan, or £752 for a physical UK passport.

Research leaders, Dr Lee and Dr Andres Baravalle, spent three months searching through the Agora marketplace, known as “the king of the dark web”, finding more than 30,000 illegal products on sale, many of which were fake or real identity documents. The academics found a trade of nearly £2 million in identity documents, including EU identity cards for £142 and driving licenses from EU countries for £419.

Recently Yahoo! Admitted that their database of over 500 million accounts was raided by hackers, leaving millions vulnerable to identity fraud and theft. Now they are being sued in California for failing to take due care of sensitive information under the Unfair Competition Act as well as negligence for poor security. Information stolen from the Yahoo! Database include users’ names, email addresses, telephone numbers, passwords, and encrypted and unencrypted security questions and answers.


 

Our Solution

Our unique software solution can be used to identify whether your customers’ data is for sale on the dark web, providing high, medium, and low risk alerts surrounding the likelihood of ID theft so that you can quickly and efficiently identify fraud and alert your customers.

With our software you can protect data from the dark web risks, and prevent millions in losses from identity fraud.

Get in touch to find out more

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The Dark Web: Is my data out there?

The Dark Web (which can also be referred to as “The Deep Web” or “The Invisible Web”) makes up at least 85% of the internet. With some sources stating that traditional search engines only see 0.03% of the entire web, we discuss the dark web data risks you need to know about and how you can prevent associated losses.

The Dark Web was launched by the US Naval Research Laboratory in 2003. It was indended for use in secret services, law enforcement, and to train political dissidents in countries with oppressive governments. Additionally, journalists in heavily censored countries could use it to communicate and exchange information.

The Dark Web requires specific software, configurations, or authorisation to access in order to ensure complete anonymity, and transactions are made using untraceable currencies such as bitcoin.

 

Dark web data risks you can’t ignore

Despite its original purpose, The Dark Web is mostly used for illicit trade including buying and selling Fake IDs and visas, stolen credit cards, weapons, drugs, child pornography, and even the services of hit men, all with hidden IP addresses of both hosting sites, and visitors e.g. Silk Road.

Cybercriminals are willing to pay good money for stolen data, making the Dark Web a huge target for illegal activity and giving people easy access to commit ID and credit card fraud through the untraceable internet.

 

Our Solution

Our solution, Fraud Web, enables you to see whether your customers’ data is for sale on The Dark Web, and which data is at risk. This means that you can identify whether a criminal could potentially access your customer’s data and know if your customer has fallen victim to ID fraud.

With Fraud Web, you will receive high, medium, and low risk alerts surrounding the likelihood of ID theft so that you can quickly and efficiently identify fraud and alert your customers.

 

The average cost of a single stolen data record for any business is $154.

Can you afford the risk?

 

Find out more by emailing us or call our office today.

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