Cybercriminals earning over $3billion annually exploiting social platforms
Credit:
Security Brief
Malware prevention company Bromium has announced the findings of an independent academic study into cybercriminals’ increasingly aggressive exploitation of social media platforms.
The report details the range of techniques utilised by cybercriminals to exploit trust and enable rapid infection across social media.
It also details the range of services being offered in plain sight on social networks, including: hacking tools and services, botnets for hire, facilitated digital currency scams and more. The findings come from Social Media Platforms and the Cybercrime Economy, an extensive six-month academic study sponsored by Bromium and undertaken by University of Surrey criminology senior lecturer Dr Mike McGuire.
