The cybersecurity world has been conditioned to look over the shoulder of corporate organizations across the globe.
It is common knowledge that the media, cybersecurity experts and researchers have always endeavored to sensitize their audiences about the nitty-gritty details of data theft on the dark web.
But, how reliable is the educative arm of the cyber world?
It turns out that mainstream reports about darknet data sales have missed the mark—according to investigations by Terbium Labs.
A newly released report from the firm expresses the existence of widespread inconsistency and unreliability as far as the terminology and collection of dark web data pricing is concerned.
This, according to Terbium, adds to a wealth of information showing confusion that rules the levels of the darknet.
The Report & Analysis
Terbium Labs analyzed a total of 22 reports in pursuit of a goal to create a dark web pricing index.
The company’s research focused on pricing data in the context of online banking, social media platforms, and including the existence of identity data used in cashless systems.
The exercise revealed that the widespread coverage of data sold in darknet spaces beats its purpose owing to a wide range of inconsistencies.
Further, the report observed that the current state of dark web data pricing awareness only goes to scare clients from a company, leading to eventual economic loss.
Furthermore, the report acknowledges the existence of bias and inaccuracy regarding dark web information within the areas of data pricing.
The paper maintained the validity of this aspect even in the face of gaps that rim the entire data space on the subject of pricing trends—pricing scales are not being determined definitely and reliably.
In summary, according to the Terbium Labs report, the truth concerning dark web pricing is that:
There exists little constructive value in the aspect of reporting dark web pricing. The aforementioned inconsistencies stem from conflicting methodologies spanning definitions, procedures of sampling and data collection.
This reality reflects on the existence of doubt and mistrust by consumers.
Still on this, the report faulted researchers on grounds of inconsistency and knowledge-based considerations. The larger trends in pricing are usually understated and overlooked.
The sophistication of dark net application is also an important factor towards understanding its effect on cybersecurity.
Cybercriminals have increasingly been adopting professionalized brands that become difficult to tackle.
Hitherto, the cybersecurity industry has just been dwelling on shocking anecdotal figures that only end up scaring consumers.
To suggest, the Terbium report noted the importance of the industry developing universal classifications and nomenclature within the subject of dark web research.
This, according to the paper, will go a long way in stimulating the adoption of collective strategies for darknet research.
Terbium Labs recommends the creation of a universal taxonomic system of digital goods for sale.
Ideally, a price index will be established as the first step towards analyzing darknet prices.
The unanimous measures and standard names will equip cybersecurity companies and other stakeholders with tools necessary for combating darknet crime with a clear and informed mindset.
In addition, the report favors the application of scale in analyzing dark web economy.
In this sense, stakeholders may observe market dynamics in lieu of focusing on elements of pricing in time.
Thus, Terbium Labs believes such a data-driven approach will enable researchers and cybersecurity entities to arrive at verifiable results.
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