PayPal account details sold on the dark web for USD 200, Privacy Affairs research reveals

Monday 6 July 2020 14:02 CET | News

Cybersecurity research company Privacy Affairs has discovered that cybercriminals sell account details on the dark web  for about USD 200.

According to ChannelNews, the investigation unveiled that PayPal account details were the most common items listed on the dark web, followed by PayPal transfers from stolen accounts that went for about to USD 320. 

Moreover, guides on how to cash out from these PayPal accounts in a way that does not alert the authorities is another bestseller item. Although these guides often cost a few cents, there was no guarantee to whether they would actually work. 

Furthermore, the cost of credit card details ranges between USD 10 and USD 65, and vendors often offered a guarantee of 80%, meaning that two of every ten cards either wouldn’t work or would have less than the advertised balance, suggesting that there is a high turnover of such data, Channel News stated.

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Keywords: cybersecurity, Privacy Affairs, PayPal, account details, PayPal accounts, credit card details, cybercriminals, dark web
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce