CreditExpert, Experian'sweb monitoring service, has reported "a massive surge" in the selling of stolen online log-in credentials involving British Internet users.

The number stolen in the first four months of 2012 is said to outstrip the number sold in all of 2010, when 9.5 million pieces of purloined personal information were traded in online forums.

In the first four months of 2012, CreditExpert reported that more than 12 million pieces of personal information about British online users were traded.

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