A Look Inside the Bustling Cybercrime Marketplace 44
wiredmikey writes "Cybercrime's underground activity, much like a Middle Eastern bazaar, is a loud and boisterous market. Buying, selling, haggling and cheating all take place in these marketplaces. Each marketplace houses other specialized-markets of illegitimate goods. There's the credit cards market, the bot rental market, another one for viruses, and one more for the credentials – to name a few. The column discusses how cybercriminals communicate, how these markets operate and how hacker transactions are being performed."
Fluff Article (Score:1, Informative)
Criminals use IRC, IM, Forums and Social Networking to communicate.
The information about payment methods is vague to the point of irrelevance. Stop putting this sort of fluff on the front page to fill in space and actually put up a real article for once.
One-line summary. (Score:5, Informative)
Here, I'll summarize it for you:
"Cybercriminals" use: Underground Forums, Internet Relay Chat (IRC) channels, Instant Messaging (IM), and Social Networks. And they use Russian versions of Paypal for payments.
That's the whole of the article. In the next column, she's going to talk about what goods cybercriminals trade for money.
The IRC channel is analogous to an exclusive party where matches as well as transactions all occur within a specific IRC channel.
She could've just called it a private chatroom and skip writing the entire paragraph.
And who is surprised? (Score:3, Informative)