What do crooks need to get into the cybercrime racket?
It’s a lot less complicated than you think these days. Wannabe online crims can just sign up for a $50 / month subscription to an online service like ‘Rubella Macro Builder’ and start churning out malware scams at the rate of dozens a week like they’re sending out Facebook memes.
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A Ukrainian man, Gennadiy Kapkanov, is currently being held by Ukraine police, accused of internet scamming on a colossal scale.
Kapkanov stands accused of masterminding the ‘Avalanche’ cybercrime syndicate. Europol reports indicate that at its height, Avalanche racked up cyber-attacks valued at hundreds of millions of dollars in the US and Europe.
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Cybercriminals are starting to behave like corporations and it’s not that surprising, considering cybercrime is a multi-billion dollar industry.
Hackers producing malware like trojans, ransomware and spyware don’t usually run solo scams anymore; they set up an online shopfront and lease their products to anybody who wants to use them.
Read MoreThe headline and subheader tells us what you're offering, and the form header closes the deal. Over here you can explain why your offer is so great it's worth filling out a form for.
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Download the free executive guide to Surviving the Rise of Cybercrime, by MailGuard CEO and founder Craig McDonald.
