Why Hackers Say Your Stolen Identity Is Only Worth $1

Criminals are selling your stolen personal data for as little as $1 on the “dark web,” a new report on Wednesday revealed.

The so-called dark web is a heavily encrypted part of the Internet that makes it difficult for authorities to detect the location or owners of a website. It is notorious for hosting marketplaces selling illegal items such as drugs.

Hackers responsible for data breaches at companies often put the information they have stolen on the dark web for others to buy and make use of for financial gain.

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