Did you know that you can buy a keystroke logger for $23 or pay $10 to have someone host your phishing scam? Having a botnet at your fingertips will cost you $225, and a tool that exploits vulnerability on a banking site averages $740 and runs as high as $3,000.
That’s according to the Symantec Report on the Internet Underground Economy due to be released Monday.
Symantec researchers spent a year observing the chat among cybercriminals on IRC channels and forums on the Internet between July 1, 2007 and June 30, 2008 and were able to piece together a veritable menu of malicious code, as well as dig up detailed information on the exchange of highly prized financial information.
For example, credit card information accounted for more than 30 percent of all of the types of goods and services sold and were the most requested category. Bank account credentials were the most commonly advertised thing for sale on underground economy servers monitored by Symantec, with prices ranging from $10 to $1,000 depending on the balance and location of the account.
This is a lucrative business, Symantec has discovered. If the sellers were able to sell everything they were offering, the amount would reach more than $275 million. That represents just the sales amount. Factoring in the emptying of victims’ accounts and maxing out credit cards, the potential worth of credit card information and bank credentials for sale would be $7 billion, the report estimates.
The report also studied trends in software piracy, with researchers monitoring those sales between July and September of this year. The most pirated software was found to be desktop games, followed by utility applications and then multimedia software, such as photo editors, 3D animation, and HTML editors.
Source: CNet – Read more…
That is just absolutely scary!
Yes it is and maybe they can fund our Government, now that is even more scary!
Interesting post!Pretty scary given the numbers!
“they can fund our Government”
Yes! Yes! Now you’re absolutely close to reality!
Thanks for the comment, but this is scary if you think about it. What else will they control or come close to controlling?