Security

The Business of Cybercrime: A Complex Business Model

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Executive Summary

As online crime has grown more prevalent, consumer confidence has plummeted. Unlike the old days when hackers created viruses to be mischievous, modern-day malware authors create threats primarily to make a profit. As the ?Underground Economy has grown and flourished, cybercriminals have developed new methods for tricking victims into downloading Trojans. These scams are amazingly lucrative, with profits totaling in the millions per year. Many perpetrators hail from Eastern Europe where cybercrime is rampant and considered business as usual. Canadian pharmacy spam, rogue antivirus (AV), and others are part of a well-organized business model based on the concept of affiliate networking.

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