Your cyber intelligence source

Know your enemy #3: Cybercrime Inc.

Know your enemy #3: Cybercrime Inc.

Online and offline criminals are mimicking big businesses, setting up corporate structures and offices to make operations more efficient and to act as cover. Organised crime researcher, lecturer and consultant Chris Allen explains that this level of sophistication means we all need to be wary

In terms of nefarious activities, fraud and cybercrime go hand in hand. They share the same objectives: relieving people or businesses of their earnings. It’s just the methods of execution that differ.

Research by Professor David Wall at Leeds University, published recently in the Trends in Organised Crime journal, highlights a trend of criminals looking like real companies, focusing on the activities of a specific outfit: a DDOS Stresser service called StressSquadZ.