{"id":75842,"date":"2015-01-01T23:05:46","date_gmt":"2015-01-01T21:05:46","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=75842"},"modified":"2015-01-02T11:26:45","modified_gmt":"2015-01-02T09:26:45","slug":"how-much-money-do-cyber-criminals-make","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/hardware\/75842\/how-much-money-do-cyber-criminals-make\/","title":{"rendered":"How much money do cyber criminals make?"},"content":{"rendered":"<p>Cyber criminals could be earning as much as 20 times more than the cost of their attacks, according to figures compiled by Kaspersky Lab.<\/p>\n<p>In its research, the vendor of software security products compared the cost of the most frequently used hacker tools with the money stolen in a successful malicious operation.<\/p>\n<p>&#8220;Buying malware is currently not a problem: it\u2019s easy to find them on various hacker forums, and they are relatively cheap, making them attractive.&#8221;<\/p>\n<p>&#8220;A cyber criminal following this illegal path doesn\u2019t even need any skills \u2013 for a fixed price they can get an off-the-peg package to launch their attacks at will,&#8221; said Alexander Gostev, chief security expert at Kaspersky Lab.<\/p>\n<p>The group noted that creating a phishing page to mimic a popular social network and setting up a spam mass mailing linking to the fake site currently costs an average of $150.<\/p>\n<p>However, if the users catch 100 people they can net up to $10,000 by selling sensitive data. The victims, in turn, lose their valuable contacts, personal photos and messages.<\/p>\n<p>A mobile Trojan blocker is far more expensive &#8211; today it costs $1,000 on average to buy and distribute the malware. However, the &#8220;payoff&#8221; is also much higher. The prices that the attackers set for unblocking a smartphone vary from $10 to $200 which means that from 100 potential victims they can get up to $20,000.<\/p>\n<p>The same sum can be earned by using encrypting ransomware but the &#8220;initial investment&#8221; will be twice as high &#8211; about $2,000. The users\u2019 losses will be also higher because the minimum sum of the ransom requested by the fraudsters for decrypting the data is usually $100, Kaspersky Lab said.<\/p>\n<p>To really hit the jackpot, fraudsters look for banking Trojans that target money directly. After spending about $3,000 on the malware, the exploit and a spam mail to spread them around, cyber criminals could scoop up to $72,000. The average loss of an individual victim is $722, Kaspersky Lab&#8217;s research found.<\/p>\n<h3 class=\"my-4\">More on Kaspersky Lab<\/h3>\n<p><a title=\"How cybercrime affects SA online shopping\" href=\"http:\/\/businesstech.co.za\/news\/internet\/74700\/how-cybercrime-affects-sa-online-shopping\/\"><strong>How cybercrime affects SA online shopping<\/strong><\/a><\/p>\n<p><a title=\"Top \u201cpick up\u201d lines used by cyber criminals\" href=\"http:\/\/businesstech.co.za\/news\/it-services\/70729\/top-pick-up-lines-used-by-cyber-criminals\/\"><strong>Top \u201cpick up\u201d lines used by cyber criminals<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cyber criminals could be earning as much as 20 times more than the cost of their attacks.<\/p>\n","protected":false},"author":10,"featured_media":51793,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[26,2953],"class_list":["post-75842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hardware","tag-headline","tag-kaspersky-lab"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/75842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=75842"}],"version-history":[{"count":7,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/75842\/revisions"}],"predecessor-version":[{"id":76517,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/75842\/revisions\/76517"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/51793"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=75842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=75842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=75842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}