![]() ![]() For example, sites specializing in stolen credit cards may allow identity thieves to place custom orders for the data they want to buy – for example, the card type, the bank issuing the card, city and state, and even zip code. At our recent identity theft conference, presenters described the big box-style shopping experience some sites offer to fraudsters and the steps dark web data purveyors take to keep their customers satisfied. In many instances, data stolen from businesses ends up on the dark web where criminals buy and sell it to commit fraud, get fake identity documents, or fund their criminal organizations. What’s the link between the dark web and the typical Main Street or online business that experiences a breach? For identity thieves, the dark web is a sophisticated marketplace providing one-stop shopping to get the tools to commit cybercrime – whether it’s malware kits, stolen account information, or “drop” or “cash-out” services to help monetize their crimes. While not every site on the dark web engages in criminal activity, the dark web is where sites that illegally sell consumer data and other black market goods tend to congregate. It’s a term that describes places on the internet not indexed by traditional search engines. So why should the dark web matter to your company? Unfortunately, when a business suffers a breach, the dark web is often the next stop that sensitive data makes after it’s been stolen. Recent headlines about high-profile data breaches have added even more urgency to the discussion. That was one of the topics addressed at an FTC conference earlier this year on identity theft. ![]() You’ve heard about the “dark web” and wondered how it affects businesses – including small businesses. About the FTC Show/hide About the FTC menu items.News and Events Show/hide News and Events menu items.Advice and Guidance Show/hide Advice and Guidance menu items.Competition and Consumer Protection Guidance Documents.Enforcement Show/hide Enforcement menu items. ![]()
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