Exposing the Money Behind the Malware

We are living in the modern era based on Technology. Our daily life depends on it and live with it. So nowadays the internet is a common name known to all. As we know that internet is a pool of information where we can find everything we need and any information regarding anything. So the use of internet has become harshly increased. Due to the rapid technological growth and developments have provided vast areas of new opportunity and efficient sources for organizations of all sizes. It has become now a national asset, the whole national security is also depending on it. But these new technologies have also brought unprecedented threats with them a cyber-crime. Cyber crime is a crime in which a computer is used for the crime like hacking, spamming, phishing etc.

Cyber criminals use internet and computer technology to hack user’s personal computers, smartphone data, personal details from social media, business secrets, national secrets etc. Criminals who perform these kinds of illegal activities through the internet are called – Hackers. Though law enforcement agencies are trying to tackle this problem, it is growing regularly and many people have become victims of identity theft, hacking and malicious software. One of the best ways to stop these criminals and protect sensitive information is by making use of inscrutable security that uses a unified system of software and hardware to authenticate any information that is accessed over the Internet.

Cyber criminals always choose an easy way to make big money. They target rich people or rich organizations like banks, casinos and financial organizations where a huge amount of money flows daily and hack sensitive information. Catching such criminals is difficult. Hence, that increases the number of cyber-crimes across the globe. Computers are defenseless, so laws are required to protect and safeguard them against cyber criminals. We could list following reasons for the vulnerability of computers:

  • Easy to access
  • Capacity to store data in comparatively small space
  • Complex
  • Negligence
  • Loss of evidence

We can find various types of cyber-crime that have been suspected till these days. Some of them are enlisted below:

  • Hacking
  • Child pornography and abuse
  • Piracy or theft
  • Cyber stalking
  • Cyber terrorism
  • Identity theft
  • Computer vandalism
  • Malicious software

Money behind the malware

So the cybercriminal has access to your information or computer. What do they do with it, and how do they make money off it?

Ransomware

Selling products

Stealing login details

Pay-per-click fraud

Fake security software

Social media spam

Banking malware

Premium-rate SMS fraud

 

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