Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Attacks/Breaches

11/23/2015
03:23 PM
Connect Directly
Twitter
Twitter
RSS
E-Mail
50%
50%

A Comprehensive Look At China's Cybercrime Culture

Trend Micro report offers a full view of espionage and theft perpetrated by Chinese hackers.

By pairing an apathy toward the law and a lot of well-executed ingenuity, Chinese cybercriminals have built a business empire as robust as any enterprise in the legal world. According to a new report out today by Trend Micro's Forward-Looking Threat Research Team, the illegal products and services bubbling up out of the cauldron that is China's cybercrime black market are as robust and mature as they are plentiful and cheap. The result is powering the entire cybercrime economy in China and beyond.

"New hardware and channels have gone beyond being mere proofs of concept (PoCs) to become the working models driving the cybercrime trends in China today," writes report author Lion Gu.

On the channels side, a big example of that is the rise of search engines designed to sift through a mountain of already stolen data stores and offer up criminals specific information for sale. It's essentially online shopping for stolen data -- and it is fueling a powerful cycle of future cybercrime by providing cheap and easy access to information about prospective targets.

"The data leaked underground allows attackers to commit crimes like financial fraud, identity and intellectual property theft, espionage, and even extortion," writes Gu. "Armed with sensitive or potentially damaging information on a politician, for instance, like leaked personal details on an extramarital affair website, a cybercriminal can discredit the target who may be lobbying for the approval of, say, the national cybercrime bill."

Meanwhile, on the hardware front, Chinese advancements in criminal hardware are bringing forward a range of new skimming devices meant to simplify the process of retail theft of card data. This includes POS skimmers, ATM skimmers and pocket skimmers with a raft of conveniently devious features.

"Some of the PoS skimmers sold underground even have an SMS-notification feature. This allows cybercriminals to instantly get their hands on stolen data via SMS every time the tampered devices are used," writes Gu. "Cybercriminals do not even have to physically collect stolen information from installed devices."

The previous examples are just the highlights of a host of dozens of products and services that make up the Chinese black market, which is "as robust as they are unique," the report says. In addition to standards like botnet rental, toolkit access, and bulletproof hosting, the market also offers other remarkable ways the crooks have monetized creative lawlessness. For example, for a little over $7,000, a buyer can get into the list of the Apple App Store's 25 free apps list. And for as little as $80, a criminal can pick up a fake banking site to perpetrate more convincing scams.

"These offerings are available to any enterprising criminal from anywhere in the world," the report says.

 

Ericka Chickowski specializes in coverage of information technology and business innovation. She has focused on information security for the better part of a decade and regularly writes about the security industry as a contributor to Dark Reading.  View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
The Problem with Proprietary Testing: NSS Labs vs. CrowdStrike
Brian Monkman, Executive Director at NetSecOPEN,  7/19/2019
How Attackers Infiltrate the Supply Chain & What to Do About It
Shay Nahari, Head of Red-Team Services at CyberArk,  7/16/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
Building and Managing an IT Security Operations Program
As cyber threats grow, many organizations are building security operations centers (SOCs) to improve their defenses. In this Tech Digest you will learn tips on how to get the most out of a SOC in your organization - and what to do if you can't afford to build one.
Flash Poll
The State of IT Operations and Cybersecurity Operations
The State of IT Operations and Cybersecurity Operations
Your enterprise's cyber risk may depend upon the relationship between the IT team and the security team. Heres some insight on what's working and what isn't in the data center.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-10102
PUBLISHED: 2019-07-22
The Linux Foundation ONOS 1.15.0 and ealier is affected by: Improper Input Validation. The impact is: The attacker can remotely execute any commands by sending malicious http request to the controller. The component is: Method runJavaCompiler in YangLiveCompilerManager.java. The attack vector is: ne...
CVE-2019-10102
PUBLISHED: 2019-07-22
Frog CMS 1.1 is affected by: Cross Site Scripting (XSS). The impact is: Cookie stealing, Alert pop-up on page, Redirecting to another phishing site, Executing browser exploits. The component is: Snippets.
CVE-2019-10102
PUBLISHED: 2019-07-22
Ilias 5.3 before 5.3.12; 5.2 before 5.2.21 is affected by: Cross Site Scripting (XSS) - CWE-79 Type 2: Stored XSS (or Persistent). The impact is: Execute code in the victim's browser. The component is: Assessment / TestQuestionPool. The attack vector is: Cloze Test Text gap (attacker) / Corrections ...
CVE-2019-9959
PUBLISHED: 2019-07-22
The JPXStream::init function in Poppler 0.78.0 and earlier doesn't check for negative values of stream length, leading to an Integer Overflow, thereby making it possible to allocate a large memory chunk on the heap, with a size controlled by an attacker, as demonstrated by pdftocairo.
CVE-2019-4236
PUBLISHED: 2019-07-22
A IBM Spectrum Protect 7.l client backup or archive operation running for an HP-UX VxFS object is silently skipping Access Control List (ACL) entries from backup or archive if there are more than twelve ACL entries associated with the object in total. As a result, it could allow a local attacker to ...