Hackers Work for ‘Highly Lucrative Payout’


Several interesting details have emerged from the “Global Risks for 2012” report — which shows cyber attacks on governments and businesses are considered to be one of the top five risks in the world. Be it cybercrime, cyber-espionage or cyberwarfare — they are on a steady rise.

The reason, according to this article, are the “highly lucrative payout hackers get from stealing data.”

The article also states that hackers mostly use chance or a targeted approach.

Chance approach is used when volume matters — for stealing credit card, bank account, and email account information. Such attacks usually consist of sending malware, trojans through mass emails, social network scams, and infected links.


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Elaine Rigoli

Elaine Rigoli is PRIVATE WiFi's manager of digital content strategy.