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2008/05/09

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Higher Quality info will cost you - Black Market Economics

Check out the McAfee Avert blog for look at the black market for banking information. Accounts with high balances cost more, but have guarantees:

For such prices, the seller offers some guaranties. For example, the purchase is covered by replacement, if you are unable - within the 24 hours - to log into the account using the provided details.

So now the banks know how long they have to spot a compromised account to drive the profits out of the black market.

Hat tip Johannes Ernst

Category(s): Security and Economics; Phishing and Fraud

Categories: Security and Economics (78); Two Factor Authentication (125); Authentication Attacks (51); Phishing and Fraud (86); Miscellaneous (90); WiKID (62); Information Security (64); Strong Authentication (24); Open Source (32); Mutual Authentication (38); Transaction Authentication (11); Wireless, cellular, mobile devices (6); PCI (23)

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Recent Changes: How to install the WiKID Strong Authentication Server - Enterprise Edition - Page 2 Jul 25, 2008; Installation Documentation Jul 25, 2008; WiKID Quickstart Installation Cheatsheet - Version 3.x Jul 25, 2008; How to Secure VSFTP with SSL and Two-factor Authentication Jul 24, 2008; Two-factor authentication for Apache 2.2 or higher Jul 08, 2008; All recent changes…

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