Stolen Twitter accounts ‘more valuable’ than credit cards

Stolen Twitter accounts now fetch more than credit cards on the cybercrime black market, according to a new report released by the RAND Corporation. The report is the first in a series commissioned by Juniper Networks.

"Markets for Cybercrime Tools and Stolen Data: Hacker's Bazaar" explains that a Twitter account now costs more to purchase than a stolen credit card, because Twitter account credentials potentially have a greater yield.

The black market for stolen credit card data isn't what it used to be.

According to RAND, that's hackonomics at work: The plummet in credit card sale value to criminal data dealers is thanks, in large part, to huge data breaches such as the recent Target hack.

The report, published Monday, used Twitter accounts as an example of how the yield of a black market product influences its price.
 
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