Nov 12, 2008

The free market criminal

America's paper looks at a new wave of cybercriminals - the good news, you're no longer worth their time:
In the past year, cybercriminals have begun to infiltrate corporate tech systems as never before. Knowing that some governments and companies will pay handsomely for industrial secrets, data thieves are harvesting as much corporate data as they can, in anticipation of rising demand.

Elite cybergangs can no longer make great money stealing and selling personal identity data. Thousands of small-time, copycat data thieves have oversaturated the market, driving prices to commodity levels. Credit card account numbers that once fetched $100 or more, for instance, can be had for $10 or less, says Gunter Ollmann, chief security strategist at IBM ISS, IBM's tech security division.

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