The new face of cyber crime
Oct 31, 2010
Today's cyber crime has far-reaching implications for security professionals. Corporate environments are experiencing more cyber crime, and intellectual property is increasingly a target for criminal activity. This is according to Uri Rivner, head of new technologies, identity protection and verification at RSA, speaking during a roundtable at the RSA conference in London this week. He said in the past, cyber crime was a one- man operation – the basement hacker causing mischief. These days, he added, it is an entire economy, run like legitimate businesses with a few obvious exceptions. "Online fraud is divided into two parts – harvesting and cash out," he said. "This translates into those stealing and collecting the data , and those monetising it, cashing in the accounts using the stolen credentials." According to Rivner, it is ridiculously easy to launch a Trojan attack these days, as they can be purchased off the Internet with ease. "A Trojan costs around $