Businesses Under Cybercrime Attack - The Risks, the Impact and the Solution

This paper gives an insight into the cybercrime economy, including the latest Crimeware attacks and business models. It also outlines the long-lasting effects of successful cybercrime for enterprises and its executives. Off late digital information age "Data Equals Money." As a result, cybercrime has evolved into a booming worldwide business. Viruses, malware and online crime have moved from vandalistic hacking into a major shadow economy that closely mimics the real business world, including profit-driven organized cybercrime. Money is driving the growth of targeted attacks against financial institutions, enterprises and governmental agencies.