Fergie's Tech Blog

Cybercrime-as-a-Service Takes Off

Ry Crozier writes on ITNews.com.au:

Malware writers that sell toolkits online for as little as $400 will now configure and host the attacks as a service for another $50, a security expert has said.

Speaking at the Vasco Banking Summit in Sydney yesterday, the company's technical account manager, Vlado Vajdic, told delegates that cyber crime was becoming so business-like that online offerings of malicious code often included support and maintenance services.

Additionally, he said, cybercrime outsourcing would become a key trend in 2009.

"It was inevitable that services would be sold to people who bought the malware toolkits but didn‘t know how to configure them," Vajdic said.

"Not only can you buy configuration as a service now, you can have the malware operated for you, too. We saw evidence of that this year."

"Investors get malware developers to write code for them and then get the writers to host and distribute it, too."

posted by Fergie @ 3/12/2009 08:12:00 PM