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Showing posts with label CyberCrime. Show all posts
Showing posts with label CyberCrime. Show all posts

Monday, April 8, 2013

How CyberCrime Works

Because of the exponential increase in the amount of people using the Internet, it has become more and more rewarding to be a cybercriminal. Vast amounts of Dollars are moved online amongst individuals and corporations everyday, its a huge industry and the stage is set for the larger players to come and play - The organized crime. No longer is the lone wicked computer programmer the leading hazard around. The top crime bosses swiftly realized the financial prospect that's before them and so they grabbed it. At present organized crime is way more sophisticated than we're used to see on television. They hire hackers, they have scam websites and even Research and development teams that constantly try to develop the next best way to steal cash.
Here are several statistics from Symantec concerning the scale of cybercrime.

There are 556 Million cyber crime victims a year(156 Million a day!).
The worldwide cost of cybercrime is 110 Billion Dollars.
2/3 of online adults have been victims of cyber crimes sometime in their lifetime.

Malware

Classification: Malware is general term used to refer to a malicious application or script. Malware can be, a Virus, a worm (much like a virus, but with somewhat different properties) a Trojan horse or a rootkit.Trojans are programs that specialize in taking control of the infected computer and Rootkits are the concealment experts, specializing in embedding themselves in machines and hiding numerous mischievous processes from the user.