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How hackers make money on your data

How hackers make money on your data Cybercriminals are ready to go extreme ways to steal your data. But how exactly do they operate with it once they get it? You’re watching the VeePN channel, and today we’re going to talk about how your data is stolen and how it then makes money for those who stole it. Did you know that you face the chance to get your data leaked every time you visit a website because every device sends its data to every internet page it stays? Even the most harmless website may be a cover for internet fraud. Let’s start by defining the ways that hackers steal the data in general. Malware has many types commonly used to steal data, including keyloggers, info stealers, banking malware, and more. It usually spreads through suspect email attachments, drive-by downloads, and pirated software, so never forget the firewall. Phishing can form fraud in which cybercriminals attempt to get essential information such as login credentials, credit card information, and personally identifiable information. Phishing attacks are typically delivered via email, social media, text messages, even phone calls. Unsecured connections Hackers can easily steal your data while using a public wi-fi network. They position themselves between you and the hotspot or use a rogue hotspot that can lead you to malicious websites where you will no longer be safe. So now, let’s figure out how they later monetize the stolen data. Selling it to the third party Hackers often sell usernames and passwords in bulk on the dark web. Purchasers then utilize your login credentials to transfer money from your bank account, make online payments, and access paid services.

You are holding your data as a hostage. After encrypting your data, hackers demand ransom for retrieving it back to its owner. They may also blackmail you by exposing your sensitive information to the public. Selling valuable intellectual property, Big corporations get often attacked by cybercriminals who attempt to steal important info from companies in developing nations. These attacks are highly-sophisticated, nation-sponsored, and most profitable for hackers and the country funding the attack. So knowing all this, what should a person do to avoid fraud being online, which is now an integral part of our lives. The most straightforward method of protection is using a VPN. VPNs are a cyber bulletproof west for internet users these days. They provide a secure connection, hide your IP address, and make your online experience safe. If you’re looking for one, you’ll find useful links in the description. Good luck, and stay safe!

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