‘What is so worrying is not just that this information is being sold, but how little it can cost': Nord VPN research claims your stolen card details are being sold online for less than a fancy coffee | Tech Radar
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‘What is so worrying is not just that this information is being sold, but how little it can cost': Nord VPN research claims your stolen card details are being sold online for less than a fancy coffee
Criminals can buy your data for “the price of a coffee”
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Bank cards and IDs are easily available, and cheap, on the dark web, Nord VPN warns
UK citizens are a major target, with their data worth more
We already know about the risks of using the internet, and how basic cybersecurity hygiene principles can do a lot of the heavy lifting when it comes to keeping you safe, but Nord VPN has revealed exactly what happens with your data after it’s been stolen.
The company’s research found stolen UK payment card details are now being commonly sold on dark web marketplaces for around £9 (around
Among the most commonly sold pieces of information are payment cards, digital passport copies (£26), digital driving licence copies (£26) and full bundles of the above and more.
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Criminals buying bits of information here and there
Perhaps the most concerning finding isn’t the existence of these marketplaces and the fact that personal, sensitive information is so easily accessible, but rather how cheaply criminals can acquire enough information to commit fraud.
“When people hear that stolen data is selling for the price of a coffee, it can sound almost trivial,” CTO Marijus Briedis wrote - as for such a small amount of money, criminals can go on to commit identity theft, account takeovers, credit application and loan fraud, phishing campaigns and more.
The company also noted that UK consumers are among the most valuable, with payment card data priced “slightly above” the European median and identity documents coming in with “comparatively high prices.”
However, the company worries it is becoming increasingly hard to become aware of an attack as identity theft becomes more quiet and incremental. Small pieces of leaked information end up being combined to form a bigger picture, leading to larger identity profiles.
“Most people still think identity theft is something dramatic and obvious, when in fact it can begin quietly, with a few personal details or copied documents being traded online,” Briedis added.
To help consumers understand the threat, Nord VPN has launched an interactive dark web calculator to quantify how much an individual’s data could be worth based on the online accounts and digital identities they hold, and their country of origin.
On the site, the company explains regular personal emails can go for as little as $1, while more valuable corporate accounts tend to command a higher price on dark web marketplaces because of how they can give attackers access to sensitive company systems.
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Setting out a series of solutions for consumers, Nord VPN suggests using unique passwords for every account with multi-factor authentication on top. Replacing traditional passwords with passkeys is a big win for consumers, because they can’t be stolen and copied from password managers and the underlying technology relies on matching an account with your device.
Reviewing bank statements frequently to spot unexpected charges can also help identify attacks – Nord VPN plugged its own Dark Web Monitor as a similar type of tool that alerts users when sensitive personal data hits a dodgy marketplace.
“The earlier people understand what their data is worth and how exposed they may be, the better chance they have of protecting themselves,” Briedis concluded.
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With several years’ experience freelancing in tech and automotive circles, Craig’s specific interests lie in technology that is designed to better our lives, including AI and ML, productivity aids, and smart fitness. He is also passionate about cars and the decarbonisation of personal transportation. As an avid bargain-hunter, you can be sure that any deal Craig finds is top value!
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