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Cybercrime escalates as barriers to entry crumble

July 22, 2022

Via: CSO

An underground economy that mirrors its legitimate ecommerce counterpart is supercharging online criminal behavior, according to a report released Thursday by HP Wolf Security in collaboration with Forensic Pathways. Cybercriminals are now operating on a professional footing with easy-to-launch malware and ransomware attacks being offered on a software-as-a-service (SaaS) basis, allowing people with even rudimentary IT skills to launch cyberattacks at targets of their choosing, the report notes.

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