Cloud Computing: The Wild, Wild Web – How To Catch Cybercrooks

January 5, 2015 Off By David
Object Storage

Grazed from eWeek. Author: Lillian Ablon.

When cybercriminals can easily buy cheap hacking programs with exotic names like Fiesta, Lucky, Nuke, Siberia, Sploit, Tornado, Sweet Orange and Cool, what chance that anything online can remain safe? Lillian Ablon and Martin C. Libicki offer ideas for how to close down Web thieves.

Black markets for computer-hacking tools, services and by-products, including stolen credit card numbers, continue to grow, posing threats to businesses, governments and individuals. A prominent recent example was the capture of an estimated 40 million credit card numbers and 70 million user accounts in the December 2013 breach of retail giant Target. Within days, those data appeared—available for purchase—on black market websites…

The markets for cybercrime products and by-products have become so pervasive and accessible that the malicious hacking trade today can be, in certain respects and for some, more lucrative and easier to carry out than the illegal drug trade. Once the domain of lone hackers, cybercrime has become a burgeoning powerhouse of highly organized groups, often tied to drug cartels, mafias, terrorist cells and even nation-states…

Read more from the source @ http://www.newsweek.com/wild-wild-web-how-catch-cybercrooks-296380