Wednesday, August 17, 2016

Newly Launched Cybercrime Service Offers Access to POS Terminals on Demand

Cybercriminals continue applying basic market segmentation concepts, to their underground market propositions, to further ensure, that, they're capable of targeting the right audience, potentially generating hundreds of thousands of fraudulently generating revenues in the process.

From basic, malware as a service underground market propositions, offering access to country, city, ISP based type of malware-infected hosts, to cybercrime-friendly services, offering access to malware-infected hosts converted to anonymization proxies, to further target additional market segments, within the cybercrime ecosystem, cybercriminals continue to utilize basic market segmentation concepts, based on the targeted population.

In this post, we'll discuss a newly launched managed service, offering access to POS (Point of Sale) terminals, further empowering, both, novice, and sophisticated cybercriminals, with the necessary access to commit related fraudulent activities.

The service is currently offering access to POS (Point of Sale) terminals, located, in the United States, Canada, Australia, United Kingdom, the Netherlands and Germany, priced between $30 and $50 for access to a POS (Point of Sale) terminal.

Cybercriminals, continue relying on basic data mining concepts, while utilizing the overall target population, further, ensuring that their market-relevant propositions, while, continuing to generate fraudulent revenues, in, the, process.

We expect to continue observing an increase in underground market propositions, utilizing basic market segmentation concepts, further positioning, both, novice, and experienced market leaders, as relevant and competitive market participants, potentially generating tens of thousands of fraudulently obtained assets in the process.