An expanding network of cybercrime marketplaces is making it easier than ever for individuals to engage in fraud, presenting unprecedented cybersecurity threats worldwide, experts warn.
Historically, cybercriminals were often depicted as highly skilled hackers operating from darkened rooms, but that image is becoming outdated. Nicholas Court, assistant director of Interpol’s Financial Crime and Anti-Corruption Centre, the barriers to entry for committing cybercrimes have significantly decreased. In the 1990s and early 2000s, a reasonable level of technical competence was necessary, but today, even minimal skills are sufficient.
For instance, it is now much easier to obtain personal data such as email addresses and send out mass spam messages—one of the oldest tricks in the book. This transformation is attributed to advancements in scam technology and the proliferation of organized online markets where cybercrime resources and expertise are bought and sold.
Source (CNBC)
