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Author Topic: for anyone interested in how much their personal data is worth  (Read 531 times)
dothebeats
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September 12, 2023, 11:36:22 AM
 #41

Recently this year, I saw a thread from our country forum that they will pay about $10 for filling out a form that contains your ID and personal data, and surprisingly, a lot of people do it, even using their parents identities.
Small rewards but lose your personal data.

Nah, you're not lossing your personal data, but it will be shared and sold to anyone who's interested instead.
Most probably fraudsters and companies who's looking for a lead to sell their products are the ones interested in these personal data. Fraudster may use it to manipulate you or the others for their personal gain. Companies may use these information to find leads and potential sales.
These issue we are all aware of but tend to be overlooked as if it may not cause any trouble in the future, this explains why bounty hunters aren't afraid to put their personal info in the internet.
It's true, we're not really losing our personal data it's just that others are able to have them, meaning it will not be exclusive for us to use. It is not new knowledge that companies use our data for their growth, I mean we are all aware of it and sometimes even volunteer to do it when we choose to answer survey forms and customer service feedback. However, the actual harm and scary thing is when someone like a fraud gets a hand on your personal data and uses it on illegal transactions. There are a lot of instances when other people's identities were used to do illegal transactions without them even knowing that someone else was able to have access to their personal data, the next thing they know they have authorities hunting them down. It is cases like these that makes people scared regarding topics like this.

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September 12, 2023, 07:42:27 PM
 #42

It's true, we're not really losing our personal data it's just that others are able to have them, meaning it will not be exclusive for us to use. It is not new knowledge that companies use our data for their growth, I mean we are all aware of it and sometimes even volunteer to do it when we choose to answer survey forms and customer service feedback. However, the actual harm and scary thing is when someone like a fraud gets a hand on your personal data and uses it on illegal transactions. There are a lot of instances when other people's identities were used to do illegal transactions without them even knowing that someone else was able to have access to their personal data, the next thing they know they have authorities hunting them down. It is cases like these that makes people scared regarding topics like this.
And that is the thing, while our personal information is not worth much to the companies that want to acquire our data, that information is invaluable to us, because if it ends up on the wrong hands this can bring us a lot of trouble down the line, unfortunately we do not have too much of a choice, as in this day and age it is indispensable to carry a smartphone with you, and as we know those devices are always leaking our information in one way or another.
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September 12, 2023, 10:38:16 PM
 #43

It's true, we're not really losing our personal data it's just that others are able to have them, meaning it will not be exclusive for us to use. It is not new knowledge that companies use our data for their growth, I mean we are all aware of it and sometimes even volunteer to do it when we choose to answer survey forms and customer service feedback. However, the actual harm and scary thing is when someone like a fraud gets a hand on your personal data and uses it on illegal transactions. There are a lot of instances when other people's identities were used to do illegal transactions without them even knowing that someone else was able to have access to their personal data, the next thing they know they have authorities hunting them down. It is cases like these that makes people scared regarding topics like this.
And that is the thing, while our personal information is not worth much to the companies that want to acquire our data, that information is invaluable to us, because if it ends up on the wrong hands this can bring us a lot of trouble down the line, unfortunately we do not have too much of a choice, as in this day and age it is indispensable to carry a smartphone with you, and as we know those devices are always leaking our information in one way or another.

I don't why you say do not worth much but actually those data is what companies and scammers needed since they can use that on any studies or for scammers to crimes they want to do. That's the reason why we need to be more careful handling our personal data so that we cannot leak it anywhere. To bad for us if we give it unconsciously to criminals since expect to get a lot of problems or spam messages coming from them since they might attempt to compromise us especially if they see that we are a big catch for them.

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September 13, 2023, 01:23:18 PM
 #44

Kind of disappointing numbers for those who were making plans on how to live on selling their data to some companies!

I never understood why some thought that their internet usage behavior was worth that much, when you're on a budget and 10 cents in price difference is enough to change your buying habits why would a company pay even one cent for it? I did make a few of my friends angry when I asked them calmly and smiling, who the hell do you think you are that your data would be worth more than $10 bucks when that's all the money you have in your pocket?

-snip-


Disappointing and very surprising, indeed. I would've thought that my data would be much more expensive, but it seems ridiculous after looking into the OP's table. Their collective value for the companies who buy and sell them is huge, but the particular value per individual is negligible.

Who else, apart from me, would be willing to pay so that personal data are not sold? I could pay a few hundred dollars for a few whims, so paying to safeguard privacy wouldn't be that mad. But there are two problems with that, at least: 1) it is not fair to be obliged to pay to protect personal data that shouldn't be marketable in the first place, and 2) even if you paid, no one guarantees that your data wouldn't be sold anymore.

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September 13, 2023, 01:42:48 PM
 #45


I don't why you say do not worth much but actually those data is what companies and scammers needed since they can use that on any studies or for scammers to crimes they want to do. That's the reason why we need to be more careful handling our personal data so that we cannot leak it anywhere. To bad for us if we give it unconsciously to criminals since expect to get a lot of problems or spam messages coming from them since they might attempt to compromise us especially if they see that we are a big catch for them.

Wait, I think it's not that kind of data, it's not our personal data, not like phone number, home address, email address, .etc. I think it's the data that website and social media can get and sell it legally, like our preference of food, or entertainment, so it might be used for targeted ads, not like for hacking or such, or am I wrong?

I always thought that because I am very not important person, no one want to stole or collect my data, but I never that my data would be so worthless. I mean it should at least be $1, company can make at least ten times the money if they send me the right ads. lol.

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September 13, 2023, 08:58:15 PM
 #46

Recently this year, I saw a thread from our country forum that they will pay about $10 for filling out a form that contains your ID and personal data, and surprisingly, a lot of people do it, even using their parents identities.
Small rewards but lose your personal data.
Nah, you're not lossing your personal data, but it will be shared and sold to anyone who's interested instead.
Most probably fraudsters and companies who's looking for a lead to sell their products are the ones interested in these personal data. Fraudster may use it to manipulate you or the others for their personal gain. Companies may use these information to find leads and potential sales.
These issue we are all aware of but tend to be overlooked as if it may not cause any trouble in the future, this explains why bounty hunters aren't afraid to put their personal info in the internet.
That is definitely true, I once saw a company (my mom worked there) who bought some huge phone number list from a company and they paid like 7.5k dollars for it, it was a huge list and then they made all their workers end up calling them up and make a sale to them as well. That was definitely not a good way but did they made a profit? Give or take they did.

This is why it was so important to pay for that list but if you are a person on that list that was annoying as hell, they would call you to sell something different every week and the more they sell the more they made a profit as well. I believe that's going to be the issue and we should not really be considering that as a good thing for people who have their information leaked.

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September 13, 2023, 09:46:39 PM
 #47

Interesting to see this. I have no idea where I was labelled as a Turkish person but I feel it's going to be somewhere closer to what my economic situation is, not where I am from and considering that's horrible I guess it's not really doing that well lol. I did assume that data is a big thing that combines a bunch of us together, its just a statistic at that point and a single person rarely ever worth anything. The scariest part is that it's common, I knew of a company that keeps buying, so I know how cheap it is, it could cost as little past 100 dollars to get 10k people's phone numbers along with their names, last names, and where they live. Thats a scary thing when you think about it.

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September 13, 2023, 11:35:03 PM
 #48

I think this data is very interesting. And this reminds me of several cases of leaks of customer data information from several banks in my country, where customer data was then bought and sold on dark sites at prices that, if calculated, were not much different from those described by the OP. However, a person's data is very important. This is what makes it valuable. Maybe we see the price per unit which looks very cheap. But not. It's not about the unit but about the targeted group. So the price is actually quite high. And there are many things that can be done with that data set. Business marketing interests and other things.

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September 14, 2023, 11:27:19 AM
 #49

It sucks getting your data sold online but there are a few things you can do to limit it. Try to use strong unique passwords, enable two factor authentication, keep devices & software updated. Limit personal information shared online, get a reputable VPN for encrypted internet traffic. Try to remember to review & adjust privacy settings. Even something as simple as not clicking on suspicious links or downloading unknown files can help. Always use reputable antivirus software & keep it updated.

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September 14, 2023, 10:56:13 PM
 #50

There are search engines which claim not to sell or record your data, search history and other methods to build up virtual profiles on yourself online to sell.  Duckduckgo is the biggest one I know of but must be others, I guess they just aim to sell general advertising and privacy is probably quite important motivation to many especially on health and finance concerns to search on.
  The flip side would be signing up for points and gaining something on every search, I think Microsoft is probably most generous on that.   Some kind of daily questionnaire I think they sponsor some points and in time reward for regularly using their products, search engine and browser.   I mostly use them to check spelling, I dont mind if they record my bad spelling really its pretty random.

  Facebook is well known to be one of the biggest, most profitable enterprises and they for sure sell data on people and yet most of that data is submitted voluntarily.  I avoid using real accurate data unless I have to.  I should get a source & I will look but Ive read prior that apparently they at times have used voice recognition to search your voice for commercial data records (mostly to retail or advertising) where possible, I can believe that though it seems extreme.   Test it if you like, say a specific brand name you never use or like (that has a big budget) and see if that advert pops up later.

  US gov said recently Google is spending over a billion to advance its own search engine    Again surprising they need to do so -  https://www.irishtimes.com/business/2023/09/12/us-says-google-pays-10bn-a-year-to-maintain-search-dominance/

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September 15, 2023, 08:19:30 AM
 #51

It was already known to all of us that our personal data was not protected but the fact that this data was used and priced in certain categories meant that we were in a less secure environment than we expected. Especially in this period when there are many free applications, of course, application developers also sell this data in order to generate income. For this reason, we understand that we need to be more sensitive about the applications we use and the information we provide to these applications.

Although it is not included in this attachment we can be sure that this data is grouped in more detail and many businesses can reach potential customers more easily with higher fees. Who knows how many different classifications are made in this way, including our own data.
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September 15, 2023, 11:59:46 AM
 #52

Individual data is almost worthless if you think it that way. According to the data, mine should be $0.51. That's not much, but if you combine many and use them in order to target them, then the price would be unimaginable. Many companies collect data in order to target individuals to send advertising so that they can profit from it. Our data is not worth anything to us, but if you think about what it could do then it will be priceless. This is why privacy should be our first priority.

They play with our minds because they can. And it is possible because we gave access to your personal data to them. There are people who still think that there is no such thing as privacy. They never bother to keep their data safe. Those are the people who will get hit hard the most.
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September 15, 2023, 12:07:40 PM
 #53

Makes clear sense when someone is working on the micro-tasking site. They also segregate the task publishers into Tier 1, 2, and 3 countries. As anyone would guess, Tier 1 is nothing but highly developed countries like Europe, and the USA while the rest of the world follows behind it.

If someone is doing a KYC-related task then a Tier 3 country would have let us say $ 0.20 payout. However, if the same task is being done by a Tier 1 country then the difference is as much as $2 making it 10 times more valuable.

Based on this assumption demographic data is far more valuable than anything else. Even the survey providers follow the same strategy and pay their users likewise. I think what is being represented in the OP falls to correct reality which is both sad and unwanted at the same time. It's personal data, it's better be secure.
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September 15, 2023, 02:58:34 PM
 #54

I think this data is very interesting. And this reminds me of several cases of leaks of customer data information from several banks in my country, where customer data was then bought and sold on dark sites at prices that, if calculated, were not much different from those described by the OP. However, a person's data is very important. This is what makes it valuable. Maybe we see the price per unit which looks very cheap. But not. It's not about the unit but about the targeted group. So the price is actually quite high. And there are many things that can be done with that data set. Business marketing interests and other things.

Leak data is the scariest thing done to your personal data because someone exploits their database just to get it or even accidentally finds it and if you are lucky that the white hat hacker done it he will just report itif not it goes directly to the dark web where a lot of people will be buying it at a cheap price and those bank customers are not aware that their identity was already sold and we don't know where it was used. What's worse is that you thought that the bank's online security was good but it turns out that it was not which it is difficult to trust online security right now.

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September 16, 2023, 09:13:41 AM
 #55

so a 56+yo hispanic person earning under $20k, their general data is worth $0.09

so a 20yo middle eastern person earning $130k, their general data is worth $1.31

data can also be worth more if specific demographs also have data that relates to an industry/product interest of the data buyer. EG a SCI-FI movie fans data would be worth more to a company that sells SCI-FI merch/entertainment products

That is a very interesting table, I had no idea our personal information would be so cheap. Somehow, I always thought it would be more expensive to get specific data for individuals like income, age, ethnicity, etc. Given that my salary is much lower and I am already older than 20, I feel a bit cheap that my personal information is not worth more. It kind of makes sense that value of the information is linked to the personal income of a person. But still paying only 1.3 USD for the information of someone that makes 130k a year seems a bit off. Such a high earner has a lot of disposal income and with the right advertising there could be a lot of money be made. The question would be now if it's so easy to acquire a lot of personal information online and that is why companies don't have to pay more for our data. Or most companies still rely on generic advertising and don't use all the personal information. Another thing is that among my friends it's mostly woman that order online, which would make personal information of woman more valuable than men.
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September 16, 2023, 11:46:30 AM
 #56

Recently this year, I saw a thread from our country forum that they will pay about $10 for filling out a form that contains your ID and personal data, and surprisingly, a lot of people do it, even using their parents identities.
Small rewards but lose your personal data.

Nah, you're not lossing your personal data, but it will be shared and sold to anyone who's interested instead.
Most probably fraudsters and companies who's looking for a lead to sell their products are the ones interested in these personal data. Fraudster may use it to manipulate you or the others for their personal gain. Companies may use these information to find leads and potential sales.
These issue we are all aware of but tend to be overlooked as if it may not cause any trouble in the future, this explains why bounty hunters aren't afraid to put their personal info in the internet.
It's true, we're not really losing our personal data it's just that others are able to have them, meaning it will not be exclusive for us to use. It is not new knowledge that companies use our data for their growth, I mean we are all aware of it and sometimes even volunteer to do it when we choose to answer survey forms and customer service feedback. However, the actual harm and scary thing is when someone like a fraud gets a hand on your personal data and uses it on illegal transactions. There are a lot of instances when other people's identities were used to do illegal transactions without them even knowing that someone else was able to have access to their personal data, the next thing they know they have authorities hunting them down. It is cases like these that makes people scared regarding topics like this.
This type of claims are sometimes funny to me, because today you can generate fake address and IDs online or using software, so how will a scammer using a fake information hurts you? Faces and fingerprints are the most important things online this days, even romance scammers are using someone else identity to carry out fishing acts on their victims, what has this done to the real people whom identity was used to fraud other people? Nothing, because it's not really them.

If someone's identity was stolen, and they use the identity to make illegal transactions, it can be instantly known that the identity was stolen, unless face ID and fingerprints are involved, this is not 1999 it's 2023 for God's sake, things are now more advanced than they used to.

Authorities aren't stupid, some fishing and romance scams are revealed in the US where the stolen identity was borough live on a program, he turned to joke because it's funny how people believe that someone is really who they claimed to be while you haven't done any live videos or video callings with them.

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September 17, 2023, 06:24:32 PM
 #57

It sucks getting your data sold online but there are a few things you can do to limit it. Try to use strong unique passwords, enable two factor authentication, keep devices & software updated. Limit personal information shared online, get a reputable VPN for encrypted internet traffic. Try to remember to review & adjust privacy settings. Even something as simple as not clicking on suspicious links or downloading unknown files can help. Always use reputable antivirus software & keep it updated.
As long as you are using the internet and accessing any website or service or platform, there is absolutely no way for you to prevent your data from being shared because you can't keep using a VPN your whole life and some platforms don't even allow that. You also can't stop using some platforms that might be important for you, you might have clients or do work at a certain platform and if you use a VPN, you can access it, so you don't have a choice in that case.

They got tactics they use to collect our data and we don't even realize it, even the clicks that we do, the searches we make on any platform including Google, the messages we send between each other, almost each and everything is recorded and sold to companies for some purpose and we are the victims of that.

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September 17, 2023, 06:48:13 PM
 #58

As long as you are using the internet and accessing any website or service or platform, there is absolutely no way for you to prevent your data from being shared because you can't keep using a VPN your whole life and some platforms don't even allow that. You also can't stop using some platforms that might be important for you, you might have clients or do work at a certain platform and if you use a VPN, you can access it, so you don't have a choice in that case.

They got tactics they use to collect our data and we don't even realize it, even the clicks that we do, the searches we make on any platform including Google, the messages we send between each other, almost each and everything is recorded and sold to companies for some purpose and we are the victims of that.

Yes, this is the bitter truth of life. All the laws on personal data protection do not work, because they were written by those who collect such data. There are many inconsistencies and loopholes in these laws. Therefore, there is practically no chance to keep the data out of the eyes of others
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September 17, 2023, 10:24:48 PM
 #59

As long as you are using the internet and accessing any website or service or platform, there is absolutely no way for you to prevent your data from being shared because you can't keep using a VPN your whole life and some platforms don't even allow that. You also can't stop using some platforms that might be important for you, you might have clients or do work at a certain platform and if you use a VPN, you can access it, so you don't have a choice in that case.

They got tactics they use to collect our data and we don't even realize it, even the clicks that we do, the searches we make on any platform including Google, the messages we send between each other, almost each and everything is recorded and sold to companies for some purpose and we are the victims of that.

Yes, this is the bitter truth of life. All the laws on personal data protection do not work, because they were written by those who collect such data. There are many inconsistencies and loopholes in these laws. Therefore, there is practically no chance to keep the data out of the eyes of others
The moment we engaged with online activities, it is where we are already exposed with risks concerning our personal information to it. Not to mention those malwares which would enforce accessing those informations to make use of it in accordance with their purpose.However this imposes risk to all of us and we are all prone to its leakage.

VPN also won’t be enough to stop the risk of leaking our personal informations ‘coz there are platforms we are accessing which included personal information on their policy and  that they’re ones who would decide where would they use it; to good or bad intentions.

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September 17, 2023, 10:44:56 PM
 #60

That is interesting but most people doesnt really care about their personal data just completely selling it or giving it to companies without even having doubt about it, It is really difficult to protect our personal data these days because big blue chip companies are probably the ones who is selling our personal data we just dont know about it, but personally, it's going to be a different story when we are talking about the KYC data since it can already be used in some scams or identity thief. So I am already cautious when I give my KYC, I only give it to legitimate websites that are already trusted by a lot of people, but even that even big platforms are getting hacked and leaking people's personal data.

so about 0.11$ with a few billion users could easily be a big amount of money for sure, we sure are talking about millions of pesos selling personal data, but I guess this wasn't just a single pay since probably they are going to sell those to a lot of companies where they would get a lot of traffic as per advertising or promoting thing right. The scary thing here is when you actually do a KYC and these days loaning thing is probably a big business with probably only 1 ID you could already loan a fair amount of money which probably going to happen when they leak your ID.

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