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Oct 21
2009

Cybercrime business development

Posted by Nima Sharifimehr in Security

I was just reading RSA's latest online fraud report yesterday. One very [very] interesting thing in this fraud report and similar ones is that the amount of information in them which cyber-criminals can use for their business development is crazy. Information is the most powerful tool for these criminals. Any tiny bit of information especially the ones you find in these types of reports, help them significantly to plan their future attacks in a way more efficient way. Getting feedback on the success of attacks on different geographical locations, effectiveness of different techniques on different targets, also finding information on strengths and weaknesses of competitors, are what a business development department in a cyber-crime organization would enjoy [a lot]. Sometimes, I wonder how long it takes till we see the first cyber-crime stock market online. Maybe that day we realize how vulnerable our information infrastructure is.
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written by Greg H., October 22, 2009
Great post, Nima - it is weird you brought this up because I was thinking the same thing while I was writing my article (which will go live tomorrow morning) on rogue security software/scareware. It seems like many reports on internet security have turned into a veritable guide book to cyber-crime. Not only do they provide stats on which packages have had the most success, they have also started going deep into the many varied ways that cyber-criminals can consistently make money.

Either great minds think alike, or fools seldom differ?

Have you ever noticed that the security industry and gangsta rap have a whole lot in common?

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