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Blackhatonomics: An Inside Look at the Economics of Cybercrime

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Would you be surprised if I say that the essence of cyber-crime comes down to traditional theft of property—be that of funds in accounts, of company data (and the financial harm that can cause), or of personal/confidential information (and the damage that can cause by it winding up in the wrong hands)? As time goes by, hackers, virus writers and other cyber-criminals are gaining more and more experience and thereby increasing their sophistication, highlighted by their employing dirty tricks in their illegal endeavors (for example, using legal digital certificates in malware). Obviously, corresponding defenses need to increase in sophistication too. To do that we need to get into the minds of cyber-criminals to understand their motives and the economics at play in cyber-crime. This book helps to do that. The real motivation of a cyber-criminal is explained in simple economic terms. No acronyms relating to worms and Trojans, just the underlying facts regarding the global business of cybercrime, the reasons involved, and the players taking part (including real world cybercrime case studies and interviews with high-profile cyber-criminals)—through the experienced eyes of the expert authors.

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