Who needs VC funding? How cybercriminals spread their ill-gotten gains to everyday business ventures

Who needs VC funding? How cybercriminals spread their ill-gotten gains to everyday business ventures

Cybercriminals aren’t so different from the rest of us — they live in the real world, and their spending and investment habits, though funded through crime, can look surprisingly ordinary. Luxury cars and lavish vacations may still grab headlines, but those perks are reserved for the most elite cybercriminals. In reality, everyday businesses — like pizza delivery, construction supplies, or tattoo parlors — are supported by the fruits of the labo…

Why Are Cyber Criminals Targeting Small Businesses

Image credit When it comes to cyberattacks, small—to medium-sized businesses are becoming increasingly vulnerable. This is due to perceived vulnerabilities that are easily exploited by cybercriminals looking to gain access to a business. These attacks can cause mass disruption and potentially lead to financial losses, reputational damage, and legal liabilities.  With a variety of businesses […]

Who Needs VC Funding? How Cybercriminals Spread Their Ill-gotten Gains To Everyday Business Ventures - Cybernoz - Cybersecurity News

Cybercriminals aren’t so different from the rest of us — they live in the real world, and their spending and investment habits, though funded through crime, can look surprisingly ordinary. Luxury cars and lavish vacations may still grab headlines, but those perks are reserved for the most elite cybercriminals. In reality, everyday businesses — like pizza delivery, construction supplies, or tattoo parlors — are supported by the fruits of the labo…