Cybercrime market sells servers for as little as US$6 to launch attacks


  • TECH
  • Thursday, 16 Jun 2016

Alarm bells: The business groups warn that all data transfer mechanisms are in jeopardy as a result of the EU ruling, something echoed by lawyers, and that could impact nearly all financial transactions between the two largest economies in the world.

FRANKFURT: A major underground marketplace acting like an eBay for criminals is selling access to more than 70,000 compromised servers allowing buyers to carry out widespread cyberattacks around the world, security experts said. 

Researchers at Kaspersky Lab, a global computer security firm based in Moscow, said the online forum appears to be run by a Russian speaking group. It offers access to hacked computers owned by governments, companies and universities in 173 countries, unbeknownst to the servers’ legitimate owners. 

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