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Russian cybercrime market doubles in size


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#1 Union_Thug

Union_Thug

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Posted 26 April 2012 - 01:34 AM

https://www.net-security.org/secworld.php?id=12798


Russian cybercrime investigation and computer forensics company and LETA Group subsidiary Group-IB released a 28-page report prepared by analysts from its computer forensics lab and its CERT-GIB unit on the Russian cybercrime market in 2011.


snip


Russian cybercrime doubles

The global cybercrime market was more than $12.5 billion in 2011. (emph mine) The global Russian speaking component of that market was more than $4 billion; and the Russian national cybercrime market was $2.3 billion, essentially doubling last year's number of $1.2 billion.


Mafia professionalizes Russian cybercrime

Traditional crime syndicates are beginning to organize the previously disorganized Russian cybercrime market. In addition, these crime syndicates are beginning to work more closely together, sharing compromised data, botnets, and cashing schemes.


Edited by Union_Thug, 26 April 2012 - 01:38 AM.


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