600k customer identities have been stolen in 2014 and according to government officials thousands of Britons data available for sale in the DarkWeb.
The digital identities of tens of thousands of Britons are available for sale on the darkweb, including data belonging to the government personnel. Many experts speculate that the volume of data represents only the tip of the iceberg.
According to the Financial Times, an unnamed “Whitehall security official” reported that personal information, including financial data, were available on the for around $30 on average.
The senior officials added that that data stolen from government databases include personal tax and social security data, information that could be acquired by paying around $75. These Digital identities have been stolen from a government database which compiles the data of departments like HM Revenue & Customs and the Department for Work and Pensions.
Experts from Symantec firm told the FT that details on over 600,000 customers were stolen from UK companies in 2014, and a significant portion is already available for sale in the criminal ecosystem.
Experts have no idea about the source of the stolen data, unfortunately not all the breaches were reported to privacy watchdog.
The UK Government is aware of the risks related to cybercrime, the officials confirmed that it had already allocated £860 million into improving cyber-security. The huge quantity of information that is fueling the black markets come from the numerous data breaches occurred in the last months.
“We are looking carefully at the level of regulation,” they said. “Every company board should be fully aware of the risk from cyber-attack, and be confident that the company has proper security in place.”
The revelations come a week after the clamorous data breach suffered by the TalkTalk firm, the UK Metropolitan Police announced to have arrested on suspicion of Computer Misuse Act offenses a 15-Year-Old alleged involved in the attack.
Pierluigi Paganini is member of the ENISA (European Union Agency for Network and Information Security) Threat Landscape Stakeholder Group and Cyber G7 Group, he is also a Security Evangelist, Security Analyst and Freelance Writer.
Editor-in-Chief at "Cyber Defense Magazine", Pierluigi is a cyber security expert with over 20 years experience in the field, he is Certified Ethical Hacker at EC Council in London. The passion for writing and a strong belief that security is founded on sharing and awareness led Pierluigi to find the security blog "Security Affairs" recently named a Top National Security Resource for US.
Pierluigi is a member of the "The Hacker News" team and he is a writer for some major publications in the field such as Cyber War Zone, ICTTF, Infosec Island, Infosec Institute, The Hacker News Magazine and for many other Security magazines.
Author of the Books "The Deep Dark Web" and “Digital Virtual Currency and Bitcoin”.