Massive data breaches expose sensitive personal information, fueling a cybercrime economy where stolen data is sold for illicit purposes. Criminals exploit breaches from various targets, leading to identity theft and fraud. The sheer volume of stolen data creates a market for scammers, with various vendors and platforms facilitating sales, often using cryptocurrencies for transactions. As demand grows, so do data breaches, making the issue persistent and profitable for cybercriminals.
How Massive Data Breaches Flood Illicit Markets While Personal Information Fuels Cybercrime Economy
