Here’s What Hackers Do With Your Data

By Lindsey Havens 4 years agoNo Comments
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From Business Insider

The past few weeks have seen a flurry of hacker activity. From the leak of celebrity nudes to the 200,000 Snapchat photos stolen and posted on 4chan, to the most recent infiltration of Dropbox, it’s clear hackers have moved on from the days of stealing our credit card details. But what do hackers actually do with our data once they have stolen it?

The short answer is they sell it on the cyber criminals’ black market. Gone are the days when credit card fraud and identity theft were all we had to worry about. Hackers have discovered new ways to make money with your photos and social media account information.

Not even our medical records are safe. Don Jackson, director of threat intelligence at PhishLabs, monitored underground hacking exchanges and discovered cyber criminals make around 10 times more money hacking someone’s medical information than from stealing their credit card details. 

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