by Bharat Mistry
The cybercrime economy is one of the runaway success stories of the 21st century — at least, for those who participate in it. Estimates claim it could be worth over $1trillion annually, more than the GDP of many countries. Part of that success is due to its ability to evolve and shift as the threat landscape changes. Trend Micro has been profiling the underground cybercrime community for several years. And over the past five, we’ve seen a major shift to new platforms, communications channels, products and services, as trust on the dark web erodes and new market demands emerge.
Unfortunately, we expect the current pandemic to create yet another evolution, as cyber-criminals look to take advantage of new ways of working and systemic vulnerabilities.Continue reading