Tag: Business Model

The cybercrime business model and its value chain

The security landscape has evolved to a point where most IT threats occur with the intention of generating financial gain for their creators and financiers. Based on this premise, various attack or threat types have proliferated and evolved to affect a greater number of users and organizations. The cybercrime “business model” is based on creating a value chain that offers new methods, for example cybercrime as a service, that is, the practice of facilitating illegal activities via services. In other words, anyone could acquire everything they need to organize frauds or cyberattacks, whatever their skills or technical knowledge.

Read more on We Live Security

Want Your Ransomed Files Back? Just Infect Someone Else!

Larry Abrams just reported: “Yesterday a new in-development ransomware was discovered by MalwareHunterTeam called Popcorn Time that intends to give victims a very unusual, and criminal, way of getting a free decryption key for their files. With Popcorn Time, not only can a victim pay a ransom to get their files back, but they can also try to infect two other people and have them pay the ransom in order to get a free key.

Read more on Know Be4