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Discount subscriptions put money, personal data at risk, experts warn

Subscriptions to services such as Netflix and YouTube Premium cost an average of 65 percent less when bought through unofficial resellers, but buyers risk losing their accounts, their money and their personal data, a cybersecurity firm said Monday. Netherlands-based Surfshark compared official prices for 10 popular subscription services, including Netflix, Spotify, YouTube Premium and Duolingo,…

Discount subscriptions put money, personal data at risk, experts warn

Cybersecurity experts have raised concerns over the risks of purchasing discounted subscriptions for popular services like Netflix and YouTube through unofficial resellers. Surfshark, a Netherlands-based cybersecurity firm, analyzed the prices of 10 leading subscription services and found that buying through resellers can lead to significant savings, but at the cost of potential account loss, financial loss, and compromised personal data.

Resold subscriptions averaged around 6,200 won ($4.60) per month, compared to the official rates of roughly 17,600 won. This translates to a monthly saving of 11,400 won or over 130,000 won annually. Resellers typically offer shared accounts at much lower prices, but the study revealed that eight of the 10 services required a minimum 12-month commitment on resale platforms, while two others demanded at least six months of commitment.

Buyers who lose access before the end of the term may face difficulties in obtaining help or a refund from the reseller. Additionally, some resale platforms requested additional personal information beyond what was necessary, sometimes asking for a buyer's name, address, and postal code. As a result, purchasing discounted subscriptions through unofficial channels may not only put money at risk but also put personal data and online accounts in jeopardy.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at koreatimes.co.kr →

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