Online Criminals Move On To Corporate Espionage
from the plain-old-phishing-doesn't-pay dept
One of these days, someone will do a fascinating study or book on the evolving nature of online crime. It’s a constantly changing phenomenon that would be quite interesting to study. A few years ago, we noted that the ease with which script kiddies could jump into the phishing and online extortion market meant that margins were getting squeezed for older online organized crime groups who had focused on such practices in the past. Apparently, the big money now has moved away from standard phishing and into corporate espionage. Organized crime groups are figuring out ways to hack into company networks, suck up as much data as possible, and then sell it off to the highest bidder — whether it’s competing firms or foreign governments.