Scams account for most of all financially motivated cybercrime

The scam industry is becoming more structured and involves more and more parties divided into hierarchical groups, according to Group-IB. The number of such groups jumped to a record high of 390, which is 3.5 times more than last year, when the maximum number of active groups was close to 110. Due to Scam-as-a-Service, in 2021 the number of cybercriminals in one scam gang increased 10 times compared to 2020 and now reaches 100. With … More

The post Scams account for most of all financially motivated cybercrime appeared first on Help Net Security.

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