Get a Pentest and security assessment of your IT network.

News

Led by Hydra, Darknet Markets Logged Record Revenue

Global Cybercrime Market Revenue Surged to $1.7 billion in 2020, Chainalysis Reports. Hydra accounted for 75% of global darknet market revenue last year, according to Chainalysis. Hydra handled more than $1 billion in cryptocurrency in 2020. “Fraud shops” – selling stolen payment card data, hacking tools and hacking tools – had more revenue than markets that sold illicit drugs. Darknet markets continue to thrive – despite being regularly targeted by law enforcement agencies and site administrators often stealing buyers’ and sellers’ cryptocurrency via “exit scams””]

Source: https://www.cuinfosecurity.com/blogs/led-by-hydra-darknet-markets-logged-record-revenue-p-2990

Related posts
News

Ashley Madison 2.0 Hackers Leak 20GB Data Dump, Including CEO's Emails

News

Art of Twitter account hacking

News

SEA has stolen invoices that shows Microsoft charges FBI for user data

News

Greek police arrested a man running the BTC-e Bitcoin exchange to launder more than US$4bn worth of the Bitcoin