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Old 11-02-06, 11:37 AM
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Shift in Motivation Behind Cybernet Crime-Silicon Valley FBI

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Shift in motivation behind cybernet crime.


October 26, Computing
Silicon Valley FBI agent Shena Crowe operates on the front line of computer fraud, and is aware of a definite shiftin motivation behind Internet crime. There has yet to be a sentencing of anyone charged withmasterminding a botnet, the latest and most virulent cyber threat, says Crowe. "The lack ofreporting of cyber crime is one of the biggest challenges we face in law enforcement, and ineffect we are pulling threads on a spider web and seeing what moves," she says. Yet from thesesmall leads Crowe has discovered some large−scale profit−driven data thefts in the past yearand a half. "The attacks are generally insider directed, carefully targeted and the methods aremostly combined," she says. "The insider direction is certainly becoming a major component inthe crime we are seeing, and the data is then sold." The insiders are working as part oforganized crime gangs whom she says present the most challenging development in Internetfraud. According to Crowe, to warrant a prosecution there has to be a $50,000 minimum inlosses. That can be an accumulated loss between several victims, or in an international case, itmust be about four times that figure.

Source: http://www.vnunet.com/computing/anal...22;crime watch
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