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"Exponential" Growth in Demand for Social Data

SOCIAL NETWORKING

April 23, 2010

VeriSign says its research arm, iDefense, has identified a data black market player called 'kirllos' who claimed to have for sale 1.5 million social networking accounts in bulk quantities, reports V3.co.uk. The two things that make this discovery interesting according to iDefense Director of Intelligence Rik Howard, are "the volume of social network account credentials discovered, and the fact we are seeing an eastern European hacker dip into western social networks." VeriSign is warning of an "exponential" growth in demand for black market data stolen from social networking sites, the report states. Howard warns social networking sites to make security a priority and urges companies to ensure employees use social networks with due care.
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