Cybersecurity Must Adopt a New Approach to Combat Underground Cybercrime Activities

 

Threat researchers at Cybersixgill published their annual report, The State of the Cybercrime Underground, earlier this year. The study is based on an analysis of data that Cybersixgill gathered from the deep, dark, and clear web in 2022. The study looks at how threat actors’ tactics, techniques, and procedures (TTPs) have evolved over time in the digital age and how organisations can adjust to lower risk and maintain operational resilience. 

This article provides an overview of some of The report’s key findings are briefly summarised in this article, covering trends in credit card fraud, cryptocurrency observations, improvements in artificial intelligence and how they are lowering the entrance hurdles for cybercrime, and the emergence of cybercriminal “as-a-service” operations. The necessity for a new security strategy that combines attack surface management (ASM) and cyber threat intelligence (CTI) to counter threat actors’ constantly evolving tactics is covered in more detail below. 

Decline in credit card scams

For many years, fraudsters operating underground have employe

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