While it’s intriguing that the Dark Web may be smaller than perceived, it was never the biggest threat to enterprises.
BEC scams continue to rise and accounted for $1.2 billion in losses in 2018. The good news is that the FBI was able to work with banks to recover some of the funds.
Criminals can buy digital fingerprints such as user behavior, cookies, and device information on the Genesis marketplace to fool banks' anti-fraud systems and conduct credit card fraud.
Magecart Group 12 was able to compromise a French online advertising provider to spread a skimmer to hundreds of victim sites.
A deputy U.S. attorney general said that Russia and other nations stonewall cybercrime investigations and called for international cooperation.