Your Facebook login details are being sold on the dark web for as low as $3.90 each, an investigation report has revealed.
A finance advising company Money Guru discovered a massive number of Facebook logins that could be easily purchased on the dark web at a cheap price.
This news comes as a shock for Facebook as they have recently revealed a data breach that affected 50 million users - including Facebook owner's Mark Zuckerberg and COO Sheryl Sandberg.
Other than Facebook logins, email logins can also be bought for as little as £2.10, while credit and debit card details are bought for £10.40 and £14.90 respectively.
There are many other online websites whose details which could be bought in less than £15. Likewise, your online banking details are up for sale in just £13.19. Whereas AirBnb details cost only £7.70.
According to a blog post by Money Guru,'What people may not know is that it takes less than 10 minutes to create an anonymous account, select someone’s data from the marketplace and reach a payment screen.'
'These details are frequently stolen to sell to companies with little scruples about targeted advertising.
'It’s also a fast track to identity theft as they can take control of your accounts, lock you out and cause serious reputational damage in a short space of time', they wrote.
The cost of personal data sold on the dark web:
• Finance (credit cards, debit cards, online marketing, PayPal) = £619.40
• Online shopping (Amazon prime, Groupon, eBay, Tesco) = £30.30
• Travel (Airbnb, British Airways, Uber, Expedia) = £26.40
• Entertainment (Apple ID, Netflix, Spotify, Tidal, Steam) = £27.90
• Social media (Facebook, Reddit, Instagram, Pinterest, Twitter) = £18.40
• Email and Communication (AOL, Gmail, Hotmail, T-Mobile) = £21.90
Fraudsters can get access to your bank account, social media, email, and other account details in less than £750.
Digital head at Money Guru James MacDonald, commented on the research: ‘Our research into personal data and how much it’s actually worth on the black market is shocking to say the least.'