From: ZDNet
Summary: OPINION: A new report by RAND commissioned by Juniper Networks has some eyebrow-raising conclusions about the black market for hacks, cracks, data theft, botnets, and zero days.
By Violet Blue for Zero Day
RAND Corporation’s newest report tells us the black market for cybercrime, a “varied landscape of discrete, ad hoc networks of individuals motivated by ego and notoriety, has now become a burgeoning powerhouse of highly organized groups, often connected with traditional crime groups (e.g., drug cartels, mafias, terrorist cells) and nation-states.”
In its blog post about the report, Hackonomics: A First-of-Its-Kind Economic Analysis of the Cyber Black Markets, Juniper Networks concluded that the “Cyber Black Market” is more profitable than the global illegal drug trade.
Commissioned by Juniper Networks and released this week, the RAND Corporation’s new report Markets for Cybercrime Tools and Stolen Data is both a cabinet of curiosities for armchair cybercrime aficionados, and an interesting collection of observations about the zero day market as told to RAND by its handpicked experts.
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