Cybersecurity

Why Cybercrime Business Is Still Booming

Trend Micro's Ed Cabrera on Ransomware and Business Email Compromise Trends

Evil hackers with monomaniacal intentions of a globe-disrupting nature have long dominated pop culture sensibilities. But when it comes to for-profit hacking, it's important to remember that cybercrime has been, and remains, predominantly a business-driven concern, says Eduardo Cabrera, chief cybersecurity officer of endpoint security vendor Trend Micro.

See Also: Effective Cyber Threat Hunting Requires an Actor and Incident Centric Approach

As the ongoing ransomware scourge demonstrates, furthermore, the barriers to entry for cybercrime have never been lower and the easy profits to be made never been higher, he says.

In a video interview at RSA Conference 2017, Cabrera discusses:

  • Why cybercriminals continue to love ransomware;
  • Business email compromises;
  • Business process compromises;
  • Targeted attack trends.

Cabrera leads Trend Micro's analysis of emerging cyber threats. Previously, he sent 20 years at the U.S. Secret Service, including serving as CISO, with experience leading information security, cyber investigative and protective programs. He also served on the Presidential Protective Division for President George W. Bush before transitioning to lead cyber forensic operations in support of Secret Service large-scale data breach investigations. He also served as the Secret Service strategic adviser to the DHS National Cybersecurity & Communications Integration Center.

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About the Author

Mathew J. Schwartz

Mathew J. Schwartz

Executive Editor, DataBreachToday & Europe

Schwartz is an award-winning journalist with two decades of experience in magazines, newspapers and electronic media. He has covered the information security and privacy sector throughout his career. Before joining Information Security Media Group in 2014, where he now serves as the Executive Editor, DataBreachToday and for European news coverage, Schwartz was the information security beat reporter for InformationWeek and a frequent contributor to DarkReading, amongst other publications. He lives in Scotland.




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