Cyber SecurityLesson 3Free preview
CS Money Making Threats
This lesson is part of Cyber Security · All levels
Summary
Many cyber threats are specifically designed to make money for offenders, from ransomware, identity theft, to business fraud. The perpetrators usually receive payments through relatively difficult to track cryptocurrencies. The more services targeted, the greater the potential for illegal gains the attacker promised.
Key points
- Money-based threats: ransomware, banking trojan, cryptojacking, and business email fraud (BEC).
- Cryptocurrencies have become the preferred payment method because they are difficult to track.
- Leaked credentials are sold on the black market to generate recurring revenue.
- Business Email Compromise targets the process of transferring corporate funds.
- Prevention costs much less than recovery after an attack.
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