A Startup is Selling Data Hacked from Peoples’ Computers to Debt Collectors

404 Media – no paywall: “When your laptop is infected with infostealing malware, it’s not just hackers that might get your passwords, billing and email addresses, and a list of sites or services you’ve created accounts on, potentially including some embarrassing ones. A private intelligence company run by a young founder is now taking that hacked data from what it says are more than 50 million computers, and reselling it for profit to a wide range of different industries, including debt collectors; couples in divorce proceedings; and even companies looking to poach their rivals’ customers. Essentially, the company is presenting itself as a legitimate, legal business, but is selling the same sort of data that was previously typically sold by anonymous criminals on shady forums or underground channels. Multiple experts 404 Media spoke to called the practice deeply unethical, and in some cases the use of that data probably illegal. The company is also selling access to a subset of the data to anyone for as little as $50, and 404 Media used it to uncover unsuspecting victims’ addresses. The activities of the company, called Farnsworth Intelligence, show a dramatic shift in the bevvy of companies that collect and sell access to so-called open source intelligence, or OSINT. Historically, OSINT has included things like public social media profiles or flight data. Now, companies increasingly see data extracted from peoples’ personal or corporate machines and then posted online as fair game not just to use in their own investigations, but to repackage and sell too. “To put it plainly this company is profiting off of selling stolen data, re-victimizing people who have already had their personal devices compromised and their data stolen,” Cooper Quintin, senior public interest technologist at the Electronic Frontier Foundation (EFF), told 404 Media. “This data will likely be used to further harm people by police using it for surveillance without a warrant, stalkers using it to gather information on their targets, high level scams, and other damaging motives.”

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Posted in: Civil Liberties, Cybercrime, Cybersecurity, E-Records, Internet, Legal Research, Privacy