A Look at Cybercrimes Banal Nature

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Publicated : 22/11/2024   Category : security


A Look at Cybercrimes Banal Nature


Cybercrime is becoming a more boring business, a new report shows, and thats a huge problem for victims and law enforcement.



A new study of the black market supporting cybercriminals shows how closely the workings of this underground echoes that of the legitimate business world.
From product reviews and online reputation to free samples and technical support, cybercriminals need the same sort of services used by any consumer. In the criminal world. those tend to require knowledge of the specific URL, a Tor browser, and one or more layers of introduction, but the service economy around criminal hacking is becoming as important as the direct criminal activity it supports, according to the study by security firm Armor.
Criminal activity itself is also evolving into a services sector, with multiple tiers of features and services offerings. Take the Blow-bot botnet, which Armors report highlighted with one of these multi-tiered offerings. A seller offered to rent out the Blow-bot botnet, which includes webinject and other capabilities, for either $750 or $1,200 a month depending on whether the renter wanted a fully-featured version. Support was an extra $100 or $150 a month, respectively, the report said.
The rise of
malware as a service
isnt news, but its notable because it allows so many non-technical criminals to enter the marketplace. The barrier to entry for cybercrime remains perilously low, making it that much more important that organizations and individuals focus on security, Armor said in its report.
Armor found a definite pyramid structure in place for valuable personal information such as credit card account data. There are likely only a handful of major credit card data farmers doing the majority of the data theft, the report said, who then work through a series of wholesalers and distributors that any canned-good manufacturer would recognize as a way to get their wares into the hands of customers.
The ultimate conclusions of the Armor 
report
 reflect the utter banality of most cybercrime. Criminal hacking has become a white-collar business with professional practitioners who expect white-collar salaries (and benefits.) The bad news for victims is that these professional criminals and criminal support actors are competent professionals at their chosen tasks. 
On the other hand, there is good news: Recent
law-enforcement wins
have disrupted the support networks for cybercriminals. Ultimately, though, as Armor warned in its report: The tools, documents and services threat actors need are readily available, which means big businesses, small organizations and home users alike need to follow security best practices and stay on guard to stay safe.
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A Look at Cybercrimes Banal Nature