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Digital Crime Now Yields Plentiful Profit

Kaspersky, which held its Security Analyst Summit in Spain, highlighted that the large demand for online crooks' operations, the monetary gains, the reduced hazard, as also the relatively plain technology implied that there was an unprecedented scale of assault on the digital environment. CBR Security published this on June 20, 2011.

Noting the functions of cyber-criminals, Co-founder and CEO Eugene Kaspersky of Kaspersky Lab said that they included authoring malware, garnering data as well as monetizing data. Moreover, cyber-criminals sold access to contaminated PCs, traded off deceptively-captured information, and did things similar. 'Criminal supermarkets' existed, wherein stolen data were found in bulk. The only way there was no imitation of the lawful business world was by not paying taxes, Kaspersky noted. ITWeb Business reported this on June 20, 2011.

Kaspersky further said that cyber-crime flourished the maximum during the past 5-years when the period was described as cyber-crime's golden age. The crooks, online, possessed plentiful cash and had proved extremely successful during the unlawful activities they undertook. The total count of malevolent software that Kaspersky detected had increased extensively from less than 10m to almost 20m during 2009-10.

Essentially according to Kaspersky, the above situation was because of many reasons. First, it yielded profits. An increasing number of websites existed which criminals could exploit. Also, criminal services were in huge demand, services like those of spam botnets. A few online-crooks even ran websites of their own that might provide technical backing, Kaspersky explained.

But, Kaspersky said he hoped 2011 would turn out as the concluding year of cyber-crime's golden period. With websites for Spanish police, the CIA and Malaysian government deactivated, the police were currently extremely angry, he added. CBR Security reported this.

Moreover, Kaspersky indicated that if any area didn't circulate business, no criminal activity occurred there. A few cyber-crime enterprises had disappeared like malware for Internet game and Trojan dialers. With dial-up getting unpopular, criminals had been avoiding it, said Kaspersky. ITWeb Business reported this.

Conclusively, Kaspersky stated that malware development being a difficult task, the entry to the industry of cyber-crime was expensive; therefore merely professionals could survive such business.

Related article: Digital Criminals Hone Their phishing Skills

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