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McAfee: Cybercrime-As-A-Service Led To Credit Card Breach, While Mobile “Malware Zoo” Grew 197% In Q4

on March 10, 2014


It looks like the rise of the “as a service” model, where people can buy software, platform access, security and more from a cloud-based provider for a fixed term, may have spawned its Damien: cybercrime as a service. The latest report from McAfee notes that the rush of point-of-sale credit card breaches that hit consumers in Q4 of last year — most notably at Target but other retailers as well — came from such sources, with the malware used “likely purchased ‘off the shelf’ from the Cybercrime-as-a-Service community” (one example illustrated above). McAfee also provided an update on the state of mobile malware — which it refers to as a “malware zoo”. It is showing little sign of abating, up 197% over the same quarter a year ago.

McAfee’s conclusions on the credit card breach paint a depressing picture for what is on offer for those who are intent…

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