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The Dark Web is a bustling market and economic engine. Just ask the cybercriminals who are making excellent money selling wares and finding work there.
"Into the Web of Profit," a study released earlier this year by Dr. Michael McGuire at the University of Surrey, also backs that up. The study examines what is being sold on the Dark Web. Categories of goods include credit card information, login credentials to financial accounts, stolen subscription credentials, and usernames and passwords of all kinds.
Also available: services and jobs, according to Alex Guirakhoo, strategy and research analyst at Digital Shadows.
"In February 2019, the threat group TheDarkOverlord was seen advertising monthly payments of over $60,000 to tempt recruits willing to join their extortion schemes," Guirakhoo says.
So how much does cybercrime pay? A separate study, also conducted by McGuire, dives into the details of how much cybercriminals earn. McGuire interviewed 50 convicted or active cybercriminals, and spoke with dozens of experts from law enforcement, financial institutions, and IT security companies. Total cybercrime revenues are around $1.5 trillion, he found. And the cybercriminals earning the most are making as much as much as $2 million a year.
Yes, you read that right. The highest earners take home more than $167,000 a month. Lower wages hover around 75,000 a month. And as Guirakhoo notes, certain skills net a b ..
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