Why Distributed Cybercrime Is Lucrative

CyberPrivacy Brief:

  • Ransomware such as ‘WannaCry’ attack is part of larger models of lucrative distributed cybercrime.
  • These attacks target as many organizations as possible and require minimal skills or effort to carry out as attackers take advantage of known vulnerabilities sold in exploit kits on the darkweb.

 “Attackers using distributed cybercrime tools look at your organization not as a specific target with a specific vault to unlock but, rather, as a cog in a larger money–making machine,” says Gidi Cohen, Co-Founder of Skybox Security.

To reduce the risk of damaging cyberattack, Mr. Cohen advises companies to focus on the “subset of known vulnerabilities posing an imminent threat — those actively exploited in the wild or exposed in your network.”

Read more.

Further Reading:

Distributed Cybercrime A Growing Threat To Factories, Infrastructure

Staying Ahead of The Distributed Cybercrime Threat

 

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