Cybercrime has become an increasingly prevalent threat in today’s society. As more people around the world turn to online shopping, remote work, online dating, and banking, cybercriminals continue to gain the necessary knowledge to create a lucrative enterprise.
In The Business of Fraud: An Overview of How Cybercrime Gets Monetized, Recorded Future by Insikt Group outlines the 11 methods of fraud currently used:
- Fraud tutorials and courses: Provides information on vulnerabilities and scheme methods used by threat actors.
- Drops and mules: Requires a physical human presence to carry out carding operations.
- Dating scams: Creating fake profiles