Sunday, April 25, 2010

1.5 Million Facebook Accounts for Sale in Web Forum, VeriSign Reports

VeriSign iDefense, which uncovered a cyber-crook on an electronic fraud forum selling 1.5 million Facebook accounts at a price of $25 per 1,000 accounts with 10 contacts or less. For accounts with more than 10 friends the going rate was $45 per 1,000.

We as users of Facebook signed up for accounts for free but yet crooks can use these free accounts for a profit. This shows just how valuable data-mining on private information is.

1.5 Million Facebook Accounts for Sale in Web Forum, VeriSign Reports [via]

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