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Well-oiled underground market tops latest Symantec threat report

posted onSeptember 17, 2007
by hitbsecnews

An underground economy where professional-grade crimeware and stolen data is exchanged in forums and auction-style websites has turned into a commercialized and extremely lucrative undertaking, the latest Symantec Internet Threat Report shows.

The report, which was released today and provides a six-month overview of the internet threat landscape, from January to June, concludes that not only are cybercriminals becoming increasingly profit motivated, but some have decided to scrap spearheading attacks to exclusively sell malware creations.

"Today, we're seeing a market of professional quality software from individuals who are solely in the business of writing the software and selling it," Oliver Friedrichs, director of emerging technologies for Symantec Security Response, told SCMagazineUS.com.

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