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

IpswitchDisruptiveTech0x 6 Devices Poised to Disrupt Your Network in 2016

With all the new products being introduced to company networks, the opportunity for vulnerabilities and security and compliance complications continues to escalate for IT teams. ...  More >>

xMattersIncidentMgmt0x 8 Major Incident Management Trends Worth Noticing

Survey results suggest management may be placing more emphasis on being kept informed during an event than on ensuring timely resolution. ...  More >>

Security94-190x128 The Human Factor: 5 Security Blunders People Keep Making

No matter how much you nag people, plead with them and warn them, these mistakes and risky behaviors never seem to end. ...  More >>

Subscribe to our Newsletters

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