Why Cybercrime Business Is Still Booming
Trend Micro's Ed Cabrera on Ransomware and Business Email Compromise TrendsEvil 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.
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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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