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.
Making the right investments can minimize the cyber risks your organization faces, but this requires looking at the complete picture and not just a few pieces. ... More >>
In reviewing this list, continue to ask yourself how to apply the advice to your organization and its unique cybersecurity ecosystem. ... More >>
McAfee recently released its eighth annual study revealing the most dangerous celebrities to search for online. The study found a mix of comedians and musicians among the most dangerous. ... More >>