Malware cheap shopping cybercrime

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Malware for cheap: Shopping for cybercrime

Potential cybercriminals don’t even have to make their own malware; they can just source them online.

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Quantumrun Foresight
November 15, 2021

The digital world, while a hub of convenience and connectivity, has also become a marketplace for cybercrime, with advanced malware available for purchase at shockingly low prices. This dark underbelly of the internet, populated by a diverse crowd of hackers, poses significant threats to individuals, businesses, and governments alike. As we grapple with the implications of this trend, it's clear that robust cybersecurity measures, international cooperation on cybercrime laws, and a shift towards cybersecurity expertise in the job market are essential for navigating this complex landscape.

Malware for cheap context

The digital landscape is a double-edged sword. While it has brought about unprecedented convenience and connectivity, it has also given rise to a new breed of criminals who exploit this digital space for nefarious purposes. Cybercriminals can easily procure advanced malware from online forums for as little as USD $50. Those with limited resources can even download basic versions for free or, ironically, from piracy sites.

These online forums, particularly those nestled in the dark recesses of the internet known as the darknet, are bustling marketplaces for cybercrime. They host a diverse crowd of hackers, from novices to seasoned veterans, who offer a variety of services. These range from malware customization to quality assurance, catering to different hacking needs. Depending on the complexity of the malware production and deployment, prices can range from USD $5 to $2,500. These hacking products are even organized by language and country of origin for easy searching.

A 2022 study published in the International Journal of Scientific Research in Engineering and Management provides a deeper insight into these dark web forums. The researchers used artificial intelligence and machine learning techniques to extract crucial postings from these forums, including posts from malicious hackers, and information about virus trading and hacking strategies. This research aims to identify future developing risks in cyberspace and propose measures to counter such malicious tasks.

Disruptive impact

Data stealers, which can be purchased for as little as USD $50 to $150, have the ability to steal passwords, cookies, and credit card data, putting personal information, financial data, and even identities at risk. Remote access trojans, which can cost between USD $800 to $1,000, can install software that activates webcams, takes screenshots, and records activities, breaching privacy on a deeply intrusive level. These services highlight the importance of personal cybersecurity measures, such as regularly updating software, using strong and unique passwords, and being cautious of suspicious emails and websites.

For companies, the stakes are even higher. Businesses hold vast amounts of sensitive data, from proprietary information to customer details, making them attractive targets for cybercriminals. The sophistication and variety of malware products mean that companies need to constantly update their cybersecurity strategies to keep up. Organizations like the EC-Council offer a Certified Ethical Hacker course to help IT professionals understand how cybercriminals operate, which can be invaluable in formulating effective defense strategies. Companies may also need to invest in cybersecurity insurance to mitigate potential financial losses from cyberattacks.

Governments face the challenge of enforcing laws in a digital landscape that transcends national borders. Many hackers are based in countries where cybercrime laws are not strictly enforced, making legal actions difficult. Governments can work together to harmonize cybercrime laws and enhance cross-border law enforcement efforts. They can also invest in education and awareness programs to equip their citizens with the knowledge and skills to protect themselves online.

Implications of malware for cheap

Wider implications of malware for cheap may include:

Hackers being employed full-time by cybercriminal groups to provide for all of their malware needs and "customer support."

The greater frequency and quantity of sophisticated malware attacks targeting public and private organizations.

Cybersecurity law enforcement undergoing intensive training courses to detect and track hackers.

Cybersecurity providers going “undercover” in forums to learn the latest developments in the “malware for cheap” industry.

A shift in the job market towards cybersecurity expertise, leading to an increased demand for professionals who can combat the growing threat of malware.

The potential for increased political tension between countries as nations struggle to enforce cybercrime laws across borders, leading to complex diplomatic challenges.

A rise in the cost of doing business online due to the need for enhanced cybersecurity measures, leading to increased prices for consumers and a slowdown in the growth of digital economies.

The potential for demographic disparities in cybercrime victimization, with less tech-savvy populations such as the elderly being more vulnerable, leading to a need for targeted education and support initiatives.