Fergie's Tech Blog

RSA: The Criminal Underground is Flourishing

Dan Kaplan writes on SC Magazine US:

An underground economy has emerged in which cybercrooks are leveraging freely available tools, sophisticated methods and a chain of specialization that resembles a real corporation to pull off massive digital heists, according to an RSA Conference panel on Wednesday that examined the modern online criminal ecosystem.

Spammers are tapping into the power of massive fast-flux botnets that allow sites hosting phishing and spam attacks to go virtually undetected, the panel said.

“It's almost impossible to take these things down because the DNS (domain name system) changes every five minutes or so,” said Larry, lead investigator at Spamhaus, which tracks spammers. He does not use his last name.

posted by Fergie @ 4/09/2008 10:03:00 PM