ClearScore has revealed over a million users have signed up to its free Dark Web monitoring service designed to help prevent people falling foul of online fraudsters in just three minutes.
Alongside ClearScore Protect, the UK’s leading free credit score and credit marketplace, has released its Dark Web Data Calculator which allows consumers to see how much their online information is worth to a cybercriminal.
Since the launch of the free service in May 2020, over 5.3 million leaked passwords have been discovered, with users seeing an average of five password breaches from online accounts leaked onto the Dark Web.
Across the UK, Birmingham has been named the top city where residents are more likely to experience data breaches, with the average person having nine breaches on the Dark Web.
In contrast, Liverpool has seen the fewest breaches with an average of only five pieces of data.
Since May, ClearScore Protect has discovered 440,000 actions for users to take to protect their security online.
However, in spite of this, only a third (143,000) have actually done anything about those breaches, demonstrating that more work is needed to encourage people to take their online security more seriously.
The number of cybersecurity breaches, rise in online scams and cold-call phishing has increased since the start of the Covid-19 pandemic, with crooks buying personal data on the Dark Web that allows them to target individuals.
The Dark Web fraud marketplace is a lucrative place with data selling anywhere from £3 for passwords for platforms such as TikTok and Kapten, to £8 for Netflix and £350 for login details to mortgage and banking accounts.
The most expensive pieces of data are those that hold information about an individual’s financial details, but all types of data can be found on the Dark Web, with social media and email being the most commonly found on sale.
In order to show how much people’s data is worth on the Dark Web, ClearScore has created a Dark Web calculator to raise awareness of how information is being exploited by criminals for financial gain.
ClearScore Protect is a free service that monitors the Dark Web for any stolen passwords, alerting users to any potential breaches every three months.
Once users have been alerted to any stolen information, they will be shown a page containing all their breached passwords, with simple and easy instructions on how to change them.
ClearScore also offers Protect Realtime - a subscription version of the service which monitors up to three separate email addresses in realtime, for £2.99 a month.
Subscribers receive live alerts if their data is compromised, including monitoring additional information such as phone numbers. They also receive dedicated fraud support from case managers if they fall victim to fraud.
CEO and Co-founder of ClearScore, Justin Basini said: “The current pandemic has brought about a period of heightened economic uncertainty for many people, which, unfortunately, has led to a rise in online scams. If ever there was a time to make sure you are protecting yourself and your finances online, it is now.
“Having fallen victim to identity theft myself, I understand how it can impact a person’s financial and mental wellbeing. ClearScore Protect was created to help to take away some of the stress many feel by giving peace of mind that your data and your identity is protected online.”
ClearScore encourages everyone to review their passwords and implement healthy password habits as soon as possible.
This can be as simple as using a different password for each online account, especially for accounts that hold any financial information, and signing up for a password manager which can securely store passwords and generate randomised passwords for you.
To find out how much your data is worth to online criminals, try the Dark Web Data Calculator here.
For more information about ClearScore Protect, visit the website here.