BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Tech Talk  >  Innovation in the Underworld

Innovation in the Underworld

Rick Holland, Digital Shadows

04-Apr-17 13:00

Innovation in the Underworld

Cybercrime is becoming an increasingly lucrative space: the World Economic Forum’s 2016 Global Risks Report estimates that cybercrimes cost the global economy $445 million in 2016. However, the cybercriminals are facing a new threat and it is not from security firms. The traditional process of digital thieves stealing data and selling them to fraudsters for a profit have bred a new type of cybercriminal known as ‘rippers’. And these rippers are a major problem for those participating in the cybercrime economy as they often try to rip off other criminals in the criminal underworld by selling fake social media credentials; invalid or used stolen credit cards and stealing money by not delivering promised services and goods. We speak to Rick Holland, Vice President of Strategy at Digital Shadows to explain about innovations in the underworld, like Ripper.cc.


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: 

Tags:  Tech TalkCybercrimeUnderworldDark WebRippersripper.ccDigital ShadwsRick HollandFraudstersFake Social Media CredentialsStolen Credit CardsStealing MoneyDigital CurrencyBitCoinRansomware





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



11:00 AM

A Bit of Culture (REPEAT)

Living Funerals, Designers’ Renaissance and Maffick; Kam Raslan | Dhanya Nair | Marion D’Cruz

12:00 PM

I Love KL (REPEAT)

Transforming Safety One Street At A Time; Justin Lee, Initiative Director, Bike Commute Malaysia

1:00 PM

Enterprise Explores (REPEAT)

EPF on Akaun Fleksibel, Restructuring Strategy, and Retirement; Balqais Yusoff, Head of Policy and Strategy Department, The Employees Provident Fund (EPF)

2:00 PM

Popcorn Culture (REPEAT)

Throwback: Bram Stoker's Dracula

3:00 PM

GGWP (REPEAT)

Prosperity, Liberty, Democracy... Helldivers 2’s Way Of Life; Kenn Leandre, CEO and Founder, Kakuchopurei.com

4:00 PM

Pick Of The Pops Ep543

6:00 PM

The Pulse (REPEAT)

Pulse Picks