07 Apr '11, 5am

Stolen data may be sold on cyber black market

Stolen data may be sold on cyber black market

WASHINGTON, April 6, 2011 (AFP) - Hackers behind what computer security experts believe could be the biggest data theft in US history may be planning to sell the information to cyber criminals for targeted scams. And while the tens of millions of names and email addresses swiped from online marketing firm Epsilon do not appear to have been used yet for cyber crime, the experts said it may just be a matter of time. Major US banks, hotels, retail outlets and other companies have been warning customers to be wary of fraudulent emails after Epsilon acknowledged last week that hackers had gained access to the Texas-based company's email system. Epsilon, which provides email services for some 2,500 companies around the world, has said that customer data for about two per cent of its total clients was exposed in what it called an "unauthorized entry." Epsilon, which sends out ove...

Full article: http://www.asiaone.com/News/Latest%2BNews/DigitalOne/Stor...

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