Stolen Twitter Accounts ‘More Valuable’ than Credit Cards

A new report finds the value of black market Twitter accounts has eclipsed the value of stolen credit card data.

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The hacking community and cyber black markets are growing and maturing according to a new report by RAND Corporation. The research used Twitter accounts as an example of how the yield of a black market product influences its price. Because Twitter account credentials potentially have a greater yield, a Twitter account costs more to purchase on the black market than a stolen credit card.

Social media accounts are valuable because they serve as gateways to additional data a criminal can harvest, increasing the value of “real” accounts to spammers.

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