this post was submitted on 04 Nov 2024
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Cybersecurity

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[–] [email protected] 3 points 3 days ago* (last edited 3 days ago)

You know they aren't a cell phone company anymore but primarily focus on telecommunication infrastructure and IoT technology, right? Fueling a $23 Billion revenue stream. The hack is to give access abilities to the 3rd largest telecommunications company in the world. You say the data is only worth $20,000 but I don't think you have a very good understanding of corporate espionage value. The hacker is selling an unsubstantiated tool (as in something to use not that its an actual tool or software), that is illegal to use, from unverified seller. The value of something doesn't ever reflect the value of the product it reflects the value people are willing to pay for the product. The access to a multi billion dollar telecommunications company is worth a fuckton itself, but that's not what they're selling. They're selling the ability to access that data which carries, like I said, tons of risk and potential cost. The hacker prolly does this to mitigate fallout if caught by selling access to data and not the data itself.