Black and gray markets for computer hacking tools, services and byproducts such as stolen credit card numbers continue to expand, creating an increasing threat to businesses, governments and individuals, according to a new RAND Corporation study. One dramatic example is the December 2013 breach of retail giant Target, in which data from approximately 40 million credit cards and 70 million user accounts was hijacked. Within days, that data appeared — available for purchase — on black market websites. “Hacking used to be an activity that was mainly carried out by individuals working alone, but over the last 15 years the world of hacking has become more organized and reliable,” said Lillian Ablon, lead author of the study and an information systems analyst at RAND, a nonprofit research organization. “In certain respects, cybercrime can be more lucrative and easier to carry out than the illegal drug trade.” The growth in cybercrime has been assisted by sophisticated and specia...
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