Security News > 2023 > June > Activities in the Cybercrime Underground Require a New Approach to Cybersecurity

Earlier this year, threat researchers at Cybersixgill released the annual report, The State of the Cybercrime Underground.

Further below, I also discuss the need for a new security approach, combining attack surface management and cyber threat intelligence to combat threat actors' ever-changing methods.

1 - Credit card fraud is on the decline #. Credit card fraud has been a common and frequent threat used by underground cybercriminals for many years.

As cryptocurrency has gained broader adoption for legitimate purposes, it's also become a target for threat actors, presenting new opportunities for "Crypto-jacking," digital wallet takeovers, crypto-mining, and siphoning digital assets from crypto exchanges.

As discussed in our report, AI technology is making cybercrime more accessible and lowering the barrier of entry by enabling threat actors to quickly write malicious code and perform other "Pre-ransomware" preparatory activities.

To effectively defend against cyber threats, security teams need complete visibility into their unique attack surface and real-time insight into their threat exposure.

News URL

https://thehackernews.com/2023/06/activities-in-cybercrime-underground.html