The Underground Economy of Internet Cyber Crime

The rise of DDoS attacks as a smokescreen for theft of data or funds is a new symptom of how financially-motivated cybercrime is flourishing. Join Neustar’s cybersecurity expert Rodney Joffe for a behind-the-scenes video tour of the murky underground economy of the Internet – a world of IRC chat rooms where criminals deal in stolen credit cards and credentials by the thousands, offer botnets, malware, and DDoS for hire, and exchange hacking instructions and advice to improve their skills.