Ransomware that encrypts data and displays blackmail letters, state (economic) espionage, fraud or money laundering: cybercrime is a lucrative business for those behind it, and for states it is a means to exert global power or circumvent sanctions. In the first World Cybercrime Index, IT security experts now identify global hotspots – and regional ‘specialties’.
Cybercriminals in different regions have different specializations and do not have the same technical sophistication everywhere: there are strongholds of online fraud with little knowledge, as well as dangerous state hacker collectives with extensive IT security knowledge. In the first World Cybercrime Index, researchers from the University of Oxford, together with colleagues from Australia and France, now measure the world of cybercrime. Their findings provide a fascinating insight into the digital underground.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
