Understanding and Undermining the Business of Cybercrime

Internet crime has become increasingly dependent on the underground economy: a loose federation of specialists selling capabilities, services, and resources explicitly tailored to the abuse ecosystem. Through these emerging markets, modern criminal entrepreneurs piece together dozens of à la carte components into entirely new criminal endeavors. In this talk, I will show how criminal reliance on this black market introduces fragile dependencies that, if disrupted, undermine entire operations that as a composite appear intractable to protect against.