Chinese Cybercriminals Develop Lucrative Hacking Services

Discussion in 'Security News' started by daljeet, Dec 17, 2017.

  1. daljeet

    daljeet Level 5

    Jun 14, 2017
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    Underground cybercrime profits in China have likely already exceeded US$15.1 billion (100 billion Chinese yuan); caused more than $13.8 billion (91.5 billion yuan) worth of damage relating to data loss, identity theft, and fraud; and will grow at an even faster pace as underground hackers expand international business operations to increasingly target foreign businesses, according to one report. Advanced hacking tools such as botnet, control server infrastructure, remote access tools, malware creation and obfuscation services, source-code writing services, and targeted exploitation toolkits are available on underground markets.
     
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