Cyber Criminal's Have a New Priority

According to the 2012 North Cyber Report the price tag on cybercrime in the U.S. is 21 billion dollars, out of a worldwide total of 110 billion dollars. A contributing factor to the increasing cost of cybercrime (40% increase according to HP Research on the 8th of October 2012) is because of the changing profile in cyber criminal. A few years ago hackers hacked to make a name for themselves, but because of the increase of commerce on the web hackers also want a piece of it, so their main goal is to steal money. And hackers have perfected organized crime, with some of most sophisticated crime rings.
For  example Sky News made an example of how easy it is for a hacker to hack into your phone.  So,  ethical hacker, Jason Heart, in five minutes download free software from the internet and with it set up a free Wi-Fi hotspot outside a popular cafe. To demonstrate, Heart only targeted Sam Kiley, Sky's Security editor, which is called spear phishing. When Kiley connected to the Wi-Fi Heart had instant access to Kiley's email passwords, skype and twitter. And as most don't turn off their Wi-Fi connection hackers have unconditional access to their personal information such as financial accounts and contacts. In 2011, 40% of phones purchased have been smart phones, and the number of people affected are increasing. 

http://www.youtube.com/watch?v=aKFcRoRfEIM

                                                                       http://www.youtube.com/watch?v=s7XbdNqvVmY

The comparison of the economic impact of cybercrime and other crimes.  Cybercrime interacts the most with financial institutions. 

                                                    http://zerodollarbill.blogspot.com/2012/07/zero-dollar-bill-how-to-implement.html

  

Peter Baxter, a global executive at AVG, a web security company talks about cybercrime as organized crime (0.28-1.07) [http://www.youtube.com/watch?v=ghCrVyrNmxQ]

1. On June 1, Westin Hotel receives email informing that three suitcases of RDX have been placed there
2. Threatens to blow up the hotel if Rs 5 cr is not paid in 24 hours Security intensified at hotel
3. Cyber Crime Cell tracks the IP address
4. Police find mails were sent between 10 and 11 am
5. Police reach cyber cafe in Bangalore
6. Suresh arrested

http://www.punemirror.in/index.aspx?page=article&sectid=62&contentid=20100619201006190252144148ae6d676&sectxslt=

              

News Release." HP Research: Cybercrime Costs Rise Nearly 40 Percent, Attack Frequency Doubles. Ed. Kristi Rawlinson and Michelle Doss. HP Research, 08 

          Oct. 2012. Web. 08 Dec. 2012.

World Is Facing A Wave Of Cyber Crime. By Sam Kiley. Perf. Sam Kiley. Youtube.com. Sky News, 17 Oct. 2011. Web. 9 Dec. 2012.