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[ITw] Cybercrime dominated by organised gangs, academic study finds

post #1 of 3
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The earliest online crimes included pump-and-dump stock scams in the late 1990s, but the real jump came with the development of the mainstream Internet around the turn of the century. Organised crime quickly picked up on the potential for information theft and fraud, which was eventually industrialised with the arrival of botnets around 2006.

"Organised criminal activity has now moved from being an emerging aspect of cybercrime to become a central feature of the digital crime landscape," said Kenny McKenzie, head of law enforcement for BAE Systems Detica, which commissioned the study. "Our report shows that more and more criminal activities now rely upon the online world."

Digital crime was only the latest era of organised activity, having succeeded the globalised drugs trade that started in the 1970s, the growth of the black market after World War 2, and the US prohibition era gambling and alcohol racketeering of the 1920s, the study said.

Source

Very interesting article, well worth the read, definitely...
The Rock
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post #2 of 3
Wonder when we'll declare war on internet? Our wars always work out for the best rolleyes.gif
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IntelAsylum R2.1
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M11xR2
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post #3 of 3
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Originally Posted by BlackVenom View Post

Wonder when we'll declare war on internet? Our wars always work out for the best rolleyes.gif

I think some of the corporations out there have been at war with the internet for quite some time now, like the MPAA & RIAA etc... rolleyes.gif
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