Money secrets of cyber criminals revealed

Source: National Cyber Security – Produced By Gregory Evans

A cyber criminal economic network ensures the continued operations of illicit activities on the web, a new report has found. According to the Criminal Hideouts for Lease: Bulletproof Hosting Services report by security firm Trend Micro, criminals find economic infrastructure for their internet activities through hosting malicious content on Bulletproof Hosting Services (BPHS). These hosting services typically take serious measures to guard against law enforcement activities and will readily host content for a fee. “The reputation of BPHS providers also relies on how long they’ve been serving customers in the cyber criminal underground without having to change their name or domain. Being able to keep their name or domain for a long time shows that they are able to ensure the confidentiality of their customers’ activities from the prying eyes of security researchers and law enforcers,” the report says. Pricing for hosting depends on the kind of content being hosted. For low risk content, BPHS providers will charge around $2 per month, but that price goes up to $300 for “critical infrastructure projects or high-risk content”. Popular content Some of the high risk content includes child pornography and exploitation as well as malware and botnet command and control software hosted […]

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