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The Black Market For Stolen Health Care Data

Posted on February 14, 2015 by Dissent

Aarti Shahani  sat down with Greg Virgin, CEO of the security firm RedJack, to discuss the black market for stolen health care data:

After poking around for about an hour, we come across an advertisement by someone selling Medicare IDs.

We’re not revealing the site address or name because we don’t want the dealer to know we’re watching.

According to the online rating system — similar to Yelp, but for criminal sales — the dealer delivers what’s promised and gets 5 out of 5 stars. “He definitely seems legit” — to the underworld, Virgin says.

The dealer is selling a value pack that includes 10 people’s Medicare numbers – only it’s not cheap. It costs 22 bitcoin — about $4,700 according to today’s exchange rate.

Security experts say health data is showing up in the black market more and more.

Read more on NPR.

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