Ride the Lightning

"Crime-as-a-Service" Becomes A Business Model in the Cybercriminal World

October 2, 2014

In the Mafia, but not too tech savvy? Script kiddie in over your head?

No problem, every wannabe cybercriminal has easy access to a wealth of cybertools courtesy of a new service-based criminal industry in which those who are skilled at the black arts of the cybercriminal world provide products and services for use by other criminals.

Of course, they also use legitimate tools for evil purposes, including anonymizers, encryption and virtual currencies. In a report published by Europol's European Cybercrime Centre, entitled the 2014 IOCTA (Internet Organised Crime Threat Assessment), the "hidden Internet" is described in detail with an eye toward educating businesses, governments and citizens.

Michael Corleone may not have been born to the cyberworld, but he would have become an astute user of the dark forces of the Internet. It's strictly business.

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