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Firms face targeted bespoke cyber attacks, dark web study reveals

June 06, 2019 / Warwick Ashford

Academic study exposes prolific availability and demand for tailored malware, network access and corporate espionage services, which suggests many firms’ cyber defences are below standard. There has been a 20% rise in the number of dark net listings that have the potential to harm the enterprise since 2016, according to a report of cyber criminal markets on the dark web by Michael McGuire, senior lecturer in criminology at Surrey University. The dark net markets report, which is the third in a series of studies on the cyber criminal Web Of Profit commissioned by virtualisation-based security firm Bromium, was unveiled at Infosecurity Europe 2019 in London, highlighting the risks of relying only on traditional signature-based security technologies. McGuire’s first report into the macro economics of cyber crime revealed that cyber criminal revenues worldwide are at least $1.5tn, and the second report showed that social media-enabled cyber crimes are generating at least $3.25b...