Cybercrime organizations work just like any other business: Here's what they do each day

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Researchers from IBM and Google described how cybercriminal groups operate, and often mimic the behavior of companies, including the one you might work for.

described how cybercriminal groups operate, and often mimic the behavior of companies, including the one you might work for.

Understanding how malicious hackers are able to structure their business operations is important, he said, so companies can better grasp what they're fighting, as the underground economy often functions in parallel with the broader economy.Cybercriminal organizations aren't all the same, but a typical structure looks like this: a leader, like a CEO, oversees the broader goals of the organization.

IBM provided a graphic representation of how one real, 120-day targeted hacking campaign against a Fortune 500 company looks from the point of view of the criminal group executing it. Gaps across the timeline represent periods where the hackers stopped doing some of their activities so they wouldn't trip sensors the company used to detect criminal activity.

"It created kind of a different dynamic. You didn't need money mules, you didn't anger the banks, folks [who were targeted] didn't know who to turn to, so that came into vogue," he said. Some criminal groups offer DDoS-for-hire services, and these services rely on each group having compromised tens or hundreds of thousands of computers. These hacked computers work together as a "botnet" to launch the DDoS attack.

 

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