Key findings from the report:
Whether you are an individual or an organization, it is useful to understand the inner workings of the cybercriminal world and to be aware of the threats targeting you, your money and your information.
One way cybercriminals obtain the resources and connections they need to engage in their activities is through the Internet underground or “dark web.” Definitions of the Internet underground may vary, but to Secureworks, it means the collection of Internet forums, digital shop fronts and chat rooms that cybercriminals use to form alliances, trade tools and techniques, and sell compromised data that can include banking details, personally identifiable information and other content.
The unique and valuable intelligence shared in this report stems from the visibility gained from our thousands of clients, the machine learning and automation from our industry-leading SecureWorks Counter Threat Platform™, and the actionable insights from our team of elite Counter Threat Unit™ (CTU) researchers, analysts and consultants. We call this the Network Effect, and it is the unparalleled power and protection of this Network Effect which enables us to prevent security breaches, detect malicious activity in real time, respond rapidly and predict emerging threats.
The global financial toll of cybercrime is difficult to quantify, but in the United States, the FBI reported that Internet crime led to losses in excess of $1.3 billion USD in 2016.