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How identities are the new security perimeter

October 03, 2018 / Louis Columbus

There’s been a 135% year-over-year increase in financial data for sale on the Dark Web between the first half of 2017 and the first half of 2018. The Dark Web is now solidly established as a globally-based trading marketplace for a myriad of privileged credentials including access procedures with keywords, and corporate logins and passwords where transactions happen between anonymous buyers and sellers. It’s also the online marketplace of choice where disgruntled, angry employees turn to for revenge against employers. An employee at Honeywell, angry over not getting a raise, used the Dark Web as an intermediary to sell DEA satellite tracking system data he accessed from unauthorized accounts he created to Mexican drug cartels for $2M. He was caught in a sting operation, the breach was thwarted, and he was arrested. Sites on the Dark Web offer lucrative payment in bitcoin and other anonymous currencies for administrators’ accounts at leading European, UK and North Amer...