Are You at Risk? What Cybercriminals Do With Your Personal Data

So what do they have to worry about? According to experts, the most likely security risks for consumers range from the annoying (more spam in their email inboxes) to potentially much more dangerous targeted “phishing” emails, where the sender disguises himself as a trusted individual or organization in order to trick the recipient into clicking a link that will download malware onto his or her computer or into giving the sender confidential information such as a password, credit card or Social Security number.

Why is this information valuable to cybercriminals?

Personal information is the currency of the underground economy. It’s literally what cybercriminals trade in. Hackers who obtain this data can sell it to a variety of buyers, including identity thieves, organized crime rings, spammers and botnet operators, who use the data to make even more money.

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