FBI seizes WeLeakInfo, a website that sold access to breached data

Found on ZD Net on Friday, 17 January 2020
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The website provided access to people's cleartext passwords, allowing hackers to purchase a subscription on the site and gain access to billions of user credentials.

The website was dirt cheap, which made it highly accessible even to low-skilled hackers with liddle funds. For as little as $2 per day, hackers could perform unlimited searches for a user's data on the site.

Currently, there are at least three other websites that operate similar to LeakedSource and WeLeakInfo -- selling access to hacked data, including cleartext passwords. They are Dehashed, Snusbase, and Leak-Lookup. All three are still up, at the time of writing.

As long as big leaks happen, sites such as these will exist. To reduce leaks, companies must get into really big financial troubles for messing up; but as seen with Equifax, this does not seem to happen at all.