Cybercrime, Inc: The Business of the Dark Web presented at DataConnectorsChicago 2020

by Michael Mayes,

Summary : The Dark Web is growing at an exponential rate, with hackers doubling down on cybercrime-as-a-service – allowing non-traditional and unskilled hackers to wreak havoc in ways previously impossible. Criminals don’t have to be skilled to get your data; they just have to hire someone who is.The session aims to expose the inner workings and business of the cyber underground, focusing on the following:– Cryptocurrency – the impact digital currency has had on the rate of growth of cybercrime– Cybercrime-as-a-service – the expansion of services offered by skilled hackers & for low costs– Money laundering & money mules – ways criminals are skirting around laws/regulations to get paid– How businesses can protect themselves from all levels of cybercriminals