The big business of cybercrime

If you don’t believe that criminal activity on the Internet is a major industry, consider this story at ZDNet:

Security researchers at University of California, Santa Barbara have broken into the nerve center of the Torpig botnet (also called Sinowal or Mebroot) to find a 10-day stash of 10,000 bank accounts and credit card numbers worth hundreds of thousands of dollars.

During the botnet hijack, the researchers exploited a weakness in the way the bots tried to locate their C&C servers and found an underground online crime operation collecting about 70GB of stolen data over just ten days.

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