Analysis of Cyber Black Market Reveals Unprecedented Global Maturity

Share  
1  |  2  |  3  |  4  |  5  |  6  |  7  |  8  |  9  |  10
Previous Next

Click through for a closer look at the cyber black market and how it mirrors the innovation and growth of the free market, as identified by Juniper Networks and RAND Corporation.

Juniper Networks, an industry leader in network innovation, finds the cyber black markets have a mature economy with characteristics akin to those of a thriving metropolitan city. A new global report, sponsored by Juniper Networks and conducted by the RAND Corporation, reveals several economic indicators that cyber black markets have reached unprecedented levels of maturity and growth.

While there has been significant research measuring different parts of the hacker black markets, RAND's report, "Markets for Cybercrime Tools and Stolen Data: Hackers' Bazaar," examines for the first time these markets in their entirety and applies economic analysis to better understand how they function. RAND found significant levels of economic sophistication, reliability, accessibility and resilience in the products, distribution channels and actors involved in the black markets.

RAND's report, confirmed by Juniper's vast experience in the network security ecosystem, suggests the cyber black markets are a mature and growing multi-billion-dollar economy with a robust infrastructure and social organization. RAND found these black markets, like any other economy, react to market forces like supply and demand, and continue to evolve.

Juniper Networks likens the hacker black markets to a thriving metropolitan city with diverse communities, industries and interactions.

 

Related Topics : Unisys, Stimulus Package, Security Breaches, Symantec, Electronic Surveillance

 
More Slideshows

Risk6-290x195 Top Barriers to Effective Vulnerability Risk Management

When it comes to the effectiveness of traditional vulnerability risk management programs, the challenges are often rooted in the process itself. ...  More >>

HexisCyberSoluRetailTargets0x Eight Reasons Why Cyber Attacks Hit Retailers

With limited IT resources and massive amounts of customer data to protect across multiple endpoints, effectively monitoring and defending the network from vulnerabilities is no easy task. ...  More >>

security14-190x128.jpg Financial Sector Sees Cyber Incident Increase in February

In February 2015, Financials was the lone industry sector with cybercrime incidents above six-month averages. This is largely attributed to the massive breach at health insurer Anthem. ...  More >>

Subscribe to our Newsletters

Sign up now and get the best business technology insights direct to your inbox.


 
Thanks for your registration, follow us on our social networks to keep up-to-date