What is the Dark Web and Why Should we Care?

You’re happily humming along on the Internet thinking you’ve got a pretty good understanding. You can navigate your way around Google, Facebook, Amazon, and news sites. You’re actually only visiting four percent of the Internet. There’s a whole world (96% of the Internet) hiding beyond these safe surface-level sites, known as the Dark Web. It’s a much less hospitable place.

What exactly is the Dark Web?

The Dark Web is a conglomeration of websites that cannot be found on search engines or accessed via traditional web browsers because their location and identity is hidden through encryption tools, like TOR. TOR was originally created to protect military communication but now has much broader utilization for both Dark Web purposes and for highly secure communication. You have to access Dark Web sites utilizing TOR, typically.

People create sites on the Dark Web in order to hide where they’re operating from, as well as to remain anonymous (TOR hides all IP information, identifying information, as well as data transfers). Over half of the sites on the Dark Web are used for criminal activities.

Why Do People Use the Dark Web?

One of the most prevalent uses of the Dark Web is buying and selling illegal goods, such as recreational drugs, weapons, fake identities, and organs. The proliferation of cryptocurrency, like Bitcoin, has facilitated these sales. People living within totalitarian societies that restrict communication also take to the Dark Web to share their thoughts freely.

The most dangerous use of the Dark Web for businesses is the exchange of credentials (usernames and passwords) and identities. An individual’s stolen credentials can typically be sold on the Dark Web for the low price of $1 to $8. Hackers utilize these purchased credentials to:

• Gain access to important financial information and steal identities (access to a Bank of America account holding $50,000 can be purchased for $500)
• Access accounts for further phishing attacks What is Phishing & How are Hackers Using it?
• Threaten people with exposure of sensitive information (Remember the Ashley Madison hack from a few years back? Those credentials were dumped onto the Dark Web and hackers leveraged them to expose users).
• Compromise other accounts using the same passwords and perpetuate the sale of personal Information

What can you do about it?

The average citizen will never have a reason to access the Dark Web, but their credentials could easily be floating around, endangering their offline livelihoods. Once your credentials are released on the Dark Web, there is precious little you can do to have them removed. However, you should, at the very least, know when you’ve been compromised; so that you can immediately act, like changing passwords and activating two-factor authentication.

We recommend utilizing a full Dark Web monitoring service that alerts you if credentials appear on the Dark Web.  These services constantly scan the Dark Web for your information and alert you whenever something suspicious appears. These alerts don’t necessarily mean a breach has occurred, but they are very good heads up that something bad may be coming. You can then create a plan of attack before any damage is done. Granted, there will be your fair share of false positives, but we firmly believe in operating in the better safe than sorry camp.