Going Once, Going Twice: Stolen Data Being Sold on the Dark Web | WHAT REALLY HAPPENED

Going Once, Going Twice: Stolen Data Being Sold on the Dark Web

Experian is one of the world's largest data brokers, tracking, collecting, and compiling swathes of personalized data to sell to the highest bidder. "This morning they saw listings go up for "FULLZ" data that matches the same types of information that just came out of the Experian hack," Trustev told tech website VentureBeat. "Fullz" is slang for a full package of an individual's personal identity information. According to the data broker's website, "there were no credit card numbers or account numbers contained in the file accessed, based on our investigation to date." But the threat posed by this latest hack attack is the potential for the personal data to be cross-referenced with other data sets, for example health records, exposing a fuller picture of personal information that could be sold on the dark net and bought by cyber criminals. An anonymous computer software programmer told Sputnik that it is highly likely that the stolen data is already being cross referenced with other records. The hacking of 15 million T-Mobile users' data from the Experian servers, and the potential for it to be matched up with other data sets not only exposes millions of people to identify fraud — but has the potential to disrupt the data broker's business model, whose job is to track, collect, compile and sell swathes of data in the first place.