How much is a Social Security number worth on the black market?

Asked by: Eleanore Rosenbaum  |  Last update: September 29, 2022
Score: 4.8/5 (62 votes)

Personal information from US citizens found on the Dark Web—ranging from Social Security numbers, stolen credit card numbers, hacked PayPal accounts, and more—is worth just $8 on average, according to a new report from tech research firm Comparitech.

How much would a Social Security number sell for?

A 2016 report found that Dark Web shoppers are only willing to pay $1 for a Social Security number, which is the same amount they'll shell out for username and password information to Brazzers.

How much do Social Security numbers go for on the dark web?

Passport information sells for $62.61 on the dark web according to the Dark Web Index, while other proof-of-identity documents are running just under $30. A separate Experian estimate from 2017 has driver's licenses selling for $20 while, surprisingly, Social Security numbers can sell for as little as $1.

Is my Social Security number worth money?

The claim that numbers on a Social Security card can be used as a routing and account number to make purchases is FALSE, based on our research. The Fed has debunked the claim on numerous occasions.

Are Social Security numbers sold on the dark web?

While there are legitimate uses for it, this part of the internet is also home to black markets selling personal information. On the dark web, SSNs (social security numbers) can be bought or sold for a couple of dollars.

How much $ are you exactly worth to the GOV via SSN, Birth Certificate, Bonds Etc. Find out how to..

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How can I use my SSN to get money?

They can use your SSN to open a bank account in your name.

That means that anyone with your SSN can easily open a bank account in your name, especially if the identity thief already obtained a driver's license in your name. Why would someone want to open a bank account in your name?

Can you sell your SSN?

Believe it or not, it's legal for private firms to sell, or reveal, Social Security numbers. When Congress passed the Privacy Act of 1974, it restricted the government's use of SSNs but left the private sector free to use them at will. Until two years ago, anyone could buy SSNs over the Web.

How much does Personal Info sell for?

Personal information from US citizens found on the Dark Web—ranging from Social Security numbers, stolen credit card numbers, hacked PayPal accounts, and more—is worth just $8 on average, according to a new report from tech research firm Comparitech.

What hackers do with SSN?

Below are four common things criminals do when they steal your SSN.
  • Open new accounts. If someone has your SSN, they can open new accounts in your name. ...
  • File fraudulent tax returns. Your Social Security number is also used to file your taxes in most cases. ...
  • Obtain medical care. ...
  • Steal your benefits. ...
  • Commit crimes.

Can I sell my identity?

Stolen identities are also a long-term investment for a criminal. An identity can be sold multiple times, and a buyer can use the stolen information to commit multiple kinds of fraud over a number of years.

How much is a credit card worth on the black market?

According to this report, the going rate for a U.S. credit card number and a software-generated card verification number is worth $5 to $8. Data that includes the number as well as a bank ID number or a date of birth sells for $15.

How much is a credit card on the dark web?

In December 2021, about 4.5 million credit cards went up for sale on the dark web, the study found. The average price ranged from $1-$20.

Can someone take out a loan in my name without me knowing?

A fraud alert notifies potential lenders that my identity has been compromised. The result is that lenders will take steps to ensure that it's actually me who is applying for credit. This may take the form of a telephone call to the number on file with the credit bureaus.

What can u do with someone's SSN?

Once someone has your Social Security number, they can essentially become you. They may be able to collect tax refunds, collect benefits and income, commit crimes, make purchases, set up phone numbers and websites, establish residences, and use health insurance—all in your name.

Can someone open a bank account in your name without you knowing?

The accounts are then used to either launder money or commit future fraud. Criminals use stolen credentials and personal data to open accounts in the names of individuals without their knowledge. The information used to open these accounts often comes from data breaches and other data compromises.

How much does personal data sell for on black market?

Hackers ask for $8 for a hacked Uber account and $14 for a hacked Uber driver's account. U.S. valid social security number goes for $2. An eBay account with a high reputation (1,000+ feedback) might reach $1,000. While a fake U.S. Green Card sells for $150.

Who Owns Social Security numbers?

The number is issued to an individual by the Social Security Administration, an independent agency of the United States government.

How Much Will SSI checks be in 2022?

In October, SSI beneficiaries will get no payment. The maximum check is $841 in 2022 for eligible individuals for this federal program, which provides support to disabled, blind and elderly people who have little or no incomes. The average monthly benefit is $624.

How do you find out if there is a loan in your name?

There is a very simple way to find out. Download credit report from a Credit Bureau (also known as Credit Information Companies). A credit report has information about all your loans, even the fake ones. If you find a fake loan entry in the report, take remedial action.

How do you check if there is a loan in my name?

He said that these days CIBIL score and loan details can be checked online by logging in at the services of any credit bureau such as CIBIL, Equifax, Experian or CRIF High Mark to find out the details of the loans taken against your name.

Will you go to jail for SBA loan?

Making false statements to obtain an SBA loan can result in serious criminal penalties. A person convicted for a federal crime relating to loan fraud faces federal prison time and steep fines.

What can I buy with a stolen credit card number?

So what do fraudsters do with stolen credit card information? It's valuable data, so many sell it to someone else. If they do use it for themselves, they may buy anything from physical, luxury items and electronics, to online goods like video game credits and business services. Gift cards are a popular choice.

Can you buy stolen credit cards on dark web?

Stolen credit card data is always a hot item for sale on the Dark Web, particularly if the package includes not just the card number but the expiration date and CVV code.

Do people sell credit cards on the dark web?

As researched in the Dark Web Price Index 2022, cybersecurity analysts at Privacy Affairs discovered the dark web data market grew larger in total volume and product variety, with more than 9,000 active vendors selling everything from fake IDs and credit cards from February 2021 to January 2022.

How much do credit card numbers sell for?

The credit bureau Experian reported in 2017 that a credit card number could fetch maybe $5 if it came with the CVV number (the security code printed on the card). And tech website GigaOm has reported that a batch of a thousand numbers might sell for just $6.