One of the more vapid cybersecurity cliché statements goes something like this: “Hacking is no longer about alienated teenagers spending countless hours in the basement on their PCs. Rather, it is now the domain of organized crime and nation states.” While this is certainly true, it is also blatantly obvious. It is also nothing more than a meaningless platitude with no details about why this is true, how hackers operate differently than teenagers, or what the implications are.
If you want to understand these issues, I strongly suggest that you read a new threat report, Analysis of a Cybercrime Infrastructure, published this week by Proofpoint. The report follows the tactics and techniques used by a Russian organized crime group as it launched an attack on US- and European-based users aimed at stealing online banking credentials.