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Black Market Pricing for Your Social Security Number

The severity of problems caused by inadequate security spiked again this year, with major announcements (like the Equifax breach that exposed 145 million individuals’ records) hitting the airwaves with alarming frequency. But besides making most of us uncomfortable, what’s it really worth? Well, quite a bit, according to PC Magazine. An individual identity, consisting of a Social Security number, a birth date, and a full name is reportedly worth as much as $60 to $80, they note, and multiplying this by the millions of identification packages released in a breach situation moves the problem into the category of “Big Business.” Read an article by PC Mag’s Michael Kan, accessible here, for more information…information that won’t make you feel any more secure!


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