Cyber Underground Economy – from Russia with love

by George Chetcuti [Published on 9 June 2014 / Last Updated on 9 June 2014]

A Trend Micro Research Paper by Max Goncharov revisits the Russian cybercriminal underground market and reveals new information when compared to a 2012 report titled ‘Russian Underground 101’.

The information provided in this paper covers the most basic and fundamental tools and technologies cybercriminals create and use to enhance their business from data collected and analysed by Trend Micro. For instance, the Russian market specializes in selling traffic direction and PPI (Pay-Per-Install) services. Traffic direction services are intended to help increase the number of visitors to a selected website.  

The paper also provides pricing snapshots gleaned from underground forums in order to paint a comprehensive picture of the Russian underground economy and how much it resembles real-world business. The interesting part is that even though the prices of most products and services sold in the Russian underground market have been decreasing, that does not mean that business is not doing well for cybercriminals. It can even mean that the market is growing, as we see more and more product and service offerings as time passes.

Read the full paper here -

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