Hackers are reportedly selling hacked Facebook accounts, and the sensitive data in them, through the dark web. Estimation shows that the stolen data is currently worth anywhere between $120 and $600 million.
Individual Facebook accounts are now sold for anything between $3 and $12 per account, and people wishing to obtain those can pay in digital coins in the dark web.
Thanks to a huge security breach, hackers were able to access the targeted Facebook accounts with access tokens.
According to Crypto Globe:
“These tokens are like digital keys that allow Facebook users to access their accounts as they help verify and authenticate login credentials. Additionally, these “access tokens” contain other sensitive user data.”
The dark web is full of different marketplaces. The place where Facebook accounts are sold is called Dream Market. Accounts can be bought with Bitcoin, Bitcoin Cash, Monero and more.
Facebook denied the allegations that the stolen accounts were actually sold and used by hackers. However, Mark Zuckerberg expressed his opinion on the topic:
“We face constant attacks from people who want to take over accounts or steal information around the world… The reality is we need to continue developing new tools to prevent this from happening in the first place.”