How Do Stolen Identities End Up on the Dark Web?

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When your sensitive information is accessed by those without authorization, it can be incredibly violating. However, these matters can be made worse when your personal information ends up for sale on the dark web. Unfortunately, these matters are not uncommon as hackers and scammers often sell the information of average, hard-working individuals for financial gain. If your information was compromised, the following blog explores what you should know about the dark web and the importance of working with a Los Angeles, California identity theft lawyer to explore your legal options during these difficult times.

What Is the Dark Web?

The internet is massive, with over a billion websites. However, you may not know that only about 5% of these lie on the surface web. The surface web is the internet as you and most people know it – accessible through browsers like Google Chrome, Safari, or Internet Explorer and comprised of websites like Facebook, YouTube, Amazon, and Pinterest.  Underneath this layer, however, is a massive network of hidden websites housed on the dark web.

The dark web is only accessible using special software that allows you to utilize a special browser to access different websites. Unfortunately, the dark web is often associated with nefarious and heinous activity. Many use this underbelly to purchase illegal substances, trade illegal pornography, converse with terrorist organizations, and commit fraud. However, it should be noted that many use the dark web to access news and other forms of media, especially in countries where censorship is rampant. Additionally, many journalists use the dark web for research purposes.

What Happens Once an Identity Is Stolen?

After an identity is stolen, whether through a phishing scheme or data breach, often the first thing that can happen is that the person who committed the theft will use the information for their own personal gain, often making purchases or opening accounts.

Next, they will likely “package” the information they’ve obtained, which essentially means they will pair information together to increase its dark web market value. For example, credit card numbers and billing addresses often sell higher than just the card numbers. Similarly, social security numbers and dates of birth are often packaged and sold.

Once the thief has the “products” ready, they will place them for sale on dark net e-commerce sites. These websites function similarly to traditional online stores, showing the product and price. Many stores even have seller ratings in which customers can leave reviews for other shoppers. Payments are held in escrow until the product – in this case, stolen identities – are delivered.

When your sensitive information is stolen, it can be incredibly violating. Not only is it unsettling to know that someone in the world knows incredibly private details about you, but it can also have a detrimental impact on your finances. As such, if you have reason to believe your information has ended up on the dark web, connecting with an experienced attorney with Los Angeles Legal Solutions is in your best interest. Our firm understands how difficult these matters can be, which is why we are committed to helping you through these troubling times. Contact us today to learn how we can fight for you when you need assistance.

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