The price of the stolen paypal account rises significantly during the pandemic, while the cost of the stolen credit card decreases at the same time, new analysis has been found.
The findings of the comparison check some dark web markets to learn how the price of stolen payment information changes over time, and finds that now, the cost of the stolen paypal account is 9.2 cents per dollar in account balance.
The average price of PayPal accounts that are hacked or the transfer of balances is now $ 197, the report states.
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For stolen credit cards, on the other hand, the price is around $ 0.0033 per dollar from the credit limit, or $ 17.36 per card, on average. Physical card cloning will reassize the buyer of $ 0.0575 per dollar from the credit limit, or $ 171, on average. Cloning cards are more expensive to buy because sellers need physical equipment to make it, and need to pay for shipping, too.
Compared to similar studies carried out by Comparatech eight months ago, the price of a stolen paypal account is now 194% higher. At the same time, the price for a stolen credit card fell 27%. Compared to the pre-pandemic period, the cost of the stolen PayPal account rose 297%.
Account balance set the price
Of all types of cards, the MasterCard account seems most expensive, for 6.47 cents per dollar from the credit limit, followed by 6.27 cents per dollar. With 5.75 cents per dollar, the visa round of the top three, followed by American Express (5.13 cents per dollar).
Similar to cards, paypal accounts also have different levels, such as prime ministers or businesses, but this does not affect prices, comparison words. Conversely, the cost is mostly ruled by account balances.
The PayPal account is stolen, the report concludes, the more popular because it is not like a credit card, they can be accessed from anywhere with a web browser, usually having existing balances, and easy to use. Furthermore, it is a common form of payment, with many traders who receive it.
At the same time, credit cards are increasingly difficult to exclude, especially because visas introduce verified visa services.