Facebook suffered a major security breach last week, hackers stolen more than 50 million accounts access tokens by exploiting a bug in View As a feature.
The Independent reported that they spotted a number of listings on underground dark web markets offering personal data of Facebook users starting from $3.
The dark web markers are the popular place for the cybercriminals to sell the stolen login credentials, financial data, and malicious tools.
Listings found to be available with the famous dark web market like Dream Market, which is well-known for selling various malware, hacking tools, and login credentials.
Hackers selling the stolen Facebook credentials between $3 and $12 and it can be purchased only through the bitcoin and bitcoin cash.
“If sold individually at these prices, the value of the stolen data on the black market would be somewhere between $150m and $600m,” reads Independent report.
Recently another UK firm MoneyGuru published a detailed report about the data listed on dark web markets and their pricing details, according to the report one can purchase someone’s online life at the average cost of £744.30.
Facebook Vice President said that we are not sure who is behind the attack “Since we’ve only just started our investigation, we have yet to determine whether these accounts were misused or any information accessed.”
The social media giant could be liable for fines up to $1.63 billion according to the General Data Protection Regulation (GDPR).
Key Elements and Important Steps to General Data Protection Regulation (GDPR)
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