China’s Data Black Market: From High-Ranking Officials to FBI-Wanted Hackers in the Mix!
China’s thriving illegal data ecosystem has turned into a goldmine for cybercriminals. Employees and government insiders are cashing in on sensitive user data, even those of high-ranking officials. It’s a data free-for-all, where scammers and legitimate businesses alike are buying stolen info. Welcome to the wild world of China’s data black market!
Hot Take:
In the age-old tradition of “who watches the watchmen,” it turns out the watchmen are too busy selling your data on the black market to notice they need watching. China’s cybercrime ecosystem is booming, and even high-ranking officials are finding their personal info hawked online. Looks like it’s time to start safeguarding your IMEI like it’s the last piece of cake at a family reunion!
Key Points:
- Chinese insiders are selling user data, including that of high-ranking officials, to fraudsters.
- Data is acquired through dubious means, including deep packet inspection and underhand apps.
- Social engineering databases (SGKs) are thriving, with millions of users and subscribers.
- Even FBI-wanted hackers aren’t immune to having their data sold on these platforms.
- The Western cybersecurity community is starting to pay more attention to this hidden ecosystem.
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