Ostra
  • Email Sign Up
  • Contact
  • Home
  • Technology
  • Clients
  • Partners
  • About
    • Careers
  • Blog
  • Contact
  • Search
  • Menu Menu

Hackers are Selling Your Data to the Highest Bidder

July 23, 2020/in Security /by 0stRa

It is never a good situation when data is stolen by hackers. In the best-case scenario, the victim would pay the ransom and hope the hackers give back and delete the data. But that is not typically how it goes.

Usually, if the victim does not pay the ransom, the data is auctioned off on the dark web for the highest bidder. Sometimes even if the victim pays to get the data back, the hackers will still sell the data online.

How is the data auctioned off?

Researchers at a cybersecurity company have published a report that shares the details of these dark web data auctions. Once the data is put up for auction, anyone with dark web access can bid on it. No identity proof is required, only a simple CAPTCHA checkpoint. The highest bid must be paid in cryptocurrency, which is untraceable.

The company discovered many listings on the dark web. A simple 50 gigabytes of sensitive files and data from a U.S. law firm are sold for $30k. The most expensive found was a full library of trade secrets, patents, and executive-level communication history, all for the price of $1.2 Million.

“Email inboxes are still the most common starting point for ransomware attacks. Being able to identify a phishing message could keep your secrets from being spilled to the highest bidder”.

Cyberattacks are only increasing and victims are paying the ransoms. Cybercriminals have no reason to stop attacking, especially when they can make a fortune from one successful phishing email.

Protect your data

Ostra protects your company from all threats including the number one-way attacks can happen; email.

Want to find out more? Visit Ostra.net or contact us today at protection@ostra.net

https://bit.ly/3jtMuTl

Tags: compromised, coronavirus, covid19, cyber security, cyber training, cyber warfare, cyberattack, cybercrime, cybersecurity, cybersecurity training, cyberthreat, cyberwarfare, dark web, hacking, hacking group, malware, ostra, ostra cybersecurity, password security, phishing, ransom, ransomeware, ransomware, remote, remote office cybersecurity, remote work, risk, scam, small business, small business cybersecurity, social engineering attack, spearphishing, Threat, training, twitter, unsecured network, virus
Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on WhatsApp
  • Share on Pinterest
  • Share on LinkedIn
  • Share on Tumblr
  • Share on Vk
  • Share on Reddit
  • Share by Mail
You might also like
Smaller Companies are Bigger Targets for Cybercriminals
Over 100 Law Firms Report Data Breaches
Cloud Service Costs Rise During Pandemic
Protecting What We Value: Why Data Privacy Is Worth the Effort
Garmin in Trouble for Paying Ransom
Cybersecurity Training Company SANS Hit by Phishing Attack

Subscribe to our Newsletter

Recent Posts

  • Protecting What We Value: Why Data Privacy Is Worth the Effort
  • Ostra Cybersecurity Expands Partner Success Team
  • Ostra’s Year in Review
  • Ostra Cybersecurity Adds Director for Rapidly Expanding Channel Partner Network
  • Employee Spotlight: Eunice Asemnor, Security Analyst
  • PRESS RELEASE: Ostra Cybersecurity Secures Capital to Bring Fortune 100-Caliber Protection to Small and Mid-Sized Businesses
  • “Who Can You Trust” – A Hacks and Hops Session Recap
  • Why Businesses Keep Losing the War on Cyber Terror: Part 3
  • Why Businesses Keep Losing the War on Cyber Terror: Part 2
  • Why Businesses Keep Losing the War on Cyber Terror: Part 1

Archives

Contact

Ostra Cybersecurity, Inc.
6101 Baker Rd
Suite 202
Minnetonka, MN 55345

contact@ostra.net    (866) 336-7872

Subscribe to our Newsletter

Get Social

© 2023 Ostra Cybersecurity, Inc. -
  • Website Terms & Conditions
  • Privacy Policy
  • Terms of Service
Scroll to top

This site uses cookies. By continuing to browse the site, you are agreeing to our use of cookies.

Accept

Cookie and Privacy Settings



How we use cookies

We may request cookies to be set on your device. We use cookies to let us know when you visit our websites, how you interact with us, to enrich your user experience, and to customize your relationship with our website.

Click on the different category headings to find out more. You can also change some of your preferences. Note that blocking some types of cookies may impact your experience on our websites and the services we are able to offer.

Essential Website Cookies

These cookies are strictly necessary to provide you with services available through our website and to use some of its features.

Because these cookies are strictly necessary to deliver the website, refuseing them will have impact how our site functions. You always can block or delete cookies by changing your browser settings and force blocking all cookies on this website. But this will always prompt you to accept/refuse cookies when revisiting our site.

We fully respect if you want to refuse cookies but to avoid asking you again and again kindly allow us to store a cookie for that. You are free to opt out any time or opt in for other cookies to get a better experience. If you refuse cookies we will remove all set cookies in our domain.

We provide you with a list of stored cookies on your computer in our domain so you can check what we stored. Due to security reasons we are not able to show or modify cookies from other domains. You can check these in your browser security settings.

Other external services

We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Changes will take effect once you reload the page.

Google Webfont Settings:

Google Map Settings:

Google reCaptcha Settings:

Vimeo and Youtube video embeds:

Privacy Policy

You can read about our cookies and privacy settings in detail on our Privacy Policy Page.

Privacy Policy