Cyber crime gangs have been operating for years, but in recent months, they’ve shifted tactics. They’ve embraced new technologies, exploited new opportunities, delivered new payloads and sought out new targets. Their aim is to maximize the amount of money they can collect through cyber crime.
Gangs, such as Cosmic Lynx, Exaggerated Lion, Fin7 and Florentine Banker, have become major threats. Cyber crime gangs are getting smarter, increasingly basing their operations in countries beyond the legal reach of their targets. That enables them to engage in long-term attacks and continue using them after discovery. They’re banding together more than before. And they’re combining crimes — for example, ransomware and extortion.