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“The Dark Net’s Fraud as a Service (FaaS)”

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Steve Santorelli, former Scotland Yard cybercrime detective, now director of analysis and outreach at Team Cymru, sums it up nicely in csoonline.com:

Couple our industries traditional propensity to hide incidents wherever possible, for fear of bad publicity, with the relatively recent trend towards mandatory breach reporting in several of these key areas, and you have a group of victims that are reeling from the impact. The offenders here are really thriving and we’re helping them with our antiquated systems that will take aeons to evolve.

Read the full article here.

Photo Credit, ‘cybercrime’ by Richard Patterson www.comparitech.com, used under Creative Commons license 2.0