Menu
Uncovering the digital criminality landscape in 2015…

Uncovering the digital criminality landscape in 2015…

“The past five years have seen an increasing industrialisation of the cyber criminal marketplace.”

“The past five years have seen an increasing industrialisation of the cyber criminal marketplace.”

That’s the view of Scott McVicar, Managing Director, Cyber Security, BAE Systems Applied Intelligence, who believes the fragmentation of cyber criminal activities will pose new challenges to detection and investigation across the industry in 2015.

Based on his work this year in the fields of cyber security and financial crime, McVicar believes the following will be the top five predictions for the digital criminality landscape in 2015.

Fragmentation of cyber criminal activities

McVicar believes the past five years have seen an “increasing industrialisation” of the cyber criminal marketplace with specialisms such as malware authoring, counter-AV testing, exploit kits, spamming, hosting, money-muling, and card cloning becoming miniature markets of their own.

“Crime as a service is a reality, lowering the barrier to entry for budding criminals and fuelling the growing threat, year after year,” McVicar adds.

“Law enforcement action has done well to date by focusing on the big problem sets and causing significant disruption to these activities.”

In 2015, BAE Systems Applied Intelligence anticipates these efforts will cause a fragmentation in the market as criminal actors split into smaller units using newly developed and more resilient capabilities.

“We believe this will present a greater challenge for the security community,” McVicar adds. “We also see the need for law enforcement to find ways to drive efficiency and automation into their intelligence collection and analysis work streams.

“This should enable them to ramp up the number of simultaneous investigations and make disruption a ‘business as usual’ activity.”

We will enter a period of ‘hyper regulation’

In the context of millions of dollars in fines, McVicar says financial institutions now have an imperative to actively search out criminals such as money launderers, rather than simply being compliant with regulatory guidance.

“We believe more organisations will hire more big hitters from the law enforcement and national security world to show they are serious about stopping the criminals,” he adds.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags BAE Systems Applied Intelligence

Featured

Slideshows

Leading female front runners of the Kiwi ICT industry honoured at 2019 WIICTA

Leading female front runners of the Kiwi ICT industry honoured at 2019 WIICTA

Reseller News has honoured the leading female front runners of the New Zealand ICT industry at the 2019 Women in ICT Awards (WIICTA) in Auckland. The awards recognised standout individuals across six categories, spanning Entrepreneur, Rising Star, Shining Star, Community, Technical and Achievement. Photos by Gino Demeer.

Leading female front runners of the Kiwi ICT industry honoured at 2019 WIICTA
Reseller News kicks off awards season in 2019 with Judges' Lunch

Reseller News kicks off awards season in 2019 with Judges' Lunch

The 2019 Reseller News Innovation Awards has kicked off with the Judges Lunch in Auckland with 70 judges in the voting panel. The awards will reflect the changing dynamics of the channel, recognising excellence across customer value and innovation - spanning start-ups, partners, distributors and vendors. Photos by Christine Wong.

Reseller News kicks off awards season in 2019 with Judges' Lunch
Reseller News welcomes industry figures for 2019 Hall of Fame lunch

Reseller News welcomes industry figures for 2019 Hall of Fame lunch

Reseller News welcomed 2018 inductees - Chris Simpson, Kendra Ross and Phill Patton - to the third running of the Reseller News Hall of Fame lunch, held at the French Cafe in Auckland. The inductees discussed the changing landscape of the technology industry in New Zealand, while outlining ways to attract a new breed of players to the ecosystem. Photos by Gino Demeer.

Reseller News welcomes industry figures for 2019 Hall of Fame lunch
Show Comments