Inside the dark web: Where your stolen personal details go online

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THERE is big business in selling the personal details of Australians on shady websites operating on the dark web. Here’s everything you need to know.

THE Commonwealth Bank has admitted it lost customer statements linked to 20 million accounts, although the institution has spent the night assuring customers they are not at risk.While the data has never been located — either on the road or on the dark web — the Commonwealth Bank says there has been no evidence the information had been compromised.

The bank also ensured customers the lost data did not include passwords or PINs.Although there is no way to link the lost data with various reports of counterfeit credit cards and identities from CBA-owned Bankwest available for sale on the dark web, it’s a timely reminder look at where your stolen personal information could end up.

WHAT IS THE DARK WEB?

The dark web is a part of the World Wide Web that is only accessible by means of special software, allowing users and website operators to remain anonymous or untraceable.The seedy underbelly of the internet has almost anything you want — drugs, malicious code with instructions, IT infrastructure for rent like email servers, even consulting is available from a huge host of vendors, all of whom are competing to convince buyers that their product or stolen data is the best.

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