Cyber Security Today – Cybercriminals are worried, but business is still good

Cyber Security Today – Cybercriminals are worried, but business is still good

Cybercriminals are worried, but business is still good.


Welcome to Cyber Security Today. It’s Friday May 29th. I’m Howard Solomon, contributing reporter on cybersecurity for ITWorldCanada.com.

I’ve told you about several international police arrests of cybercriminals. Some online criminal websites, where stolen data and hacking tools are sold have also been closed. These efforts may be having an impact, says an IT security firm called Trend Micro. It issued a 66-page report this week noting criminal online markets are adding new security measures trying to protect themselves from cops. With even some criminals hacking each other, a new search site called DarkNet Trust has been created so attackers can try to verify who they’re buying from and selling to. In addition, it’s harder for them to make as good money from certain cybercriminal services because there’s so much of it being sold, and services are automated. For example the price of encryption services is now $20 a month; it used to be $1,000. Want to create fake likes for a criminal product on Instagram? You can buy 1,000 likes for 15 cents. One thousand Facebook likes cost as little as $3. That’s in part why there’s a lot of fake news and propaganda with seemingly lots of likes on the web. There are so many hacked Netflix accounts they’re going for as little as $2 apiece.


On the other hand, low prices for some things make it easier for more criminals to get into the game. Access to an automated botnet, which is a chain of hacked devices for spreading malware, can be as low as $5 a day. To buy the remote access malw ..

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