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Cybercriminals are increasingly embracing a sophisticated business-model approach

Discussion in 'CSO' started by RSS, May 17, 2016.

  1. RSS

    RSS New Member Member

    Cybercriminals can call on an extensive network of specialists for "business" expertise, including people who train and recruit, launder money, and provide escrow services, according to HPE.

    The cybercriminal underground includes people who provide human resources functions, like recruiting and background checks, but also specialists who help market and sell exploit kits and compromised data and others who serve as middlemen in anonymous transactions, says The Business of Hacking white paper from Hewlett Packard Enterprise.

    Cybercriminals are increasingly taking a business-based approach toward their activities, with some organizations developing in-house training, disaster recovery, and other business functions, and others contracting for those services in the underground marketplace, said Shogo Cottrell, a security strategist with HPE Security. Cybercrime is maturing as a business model, he added.

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