Firms spend millions to defend their network and assets from cybercriminals. The cybercriminals use cheap, easy-to-use hacking tools to make their way to a network, which costs very low, and the amount they receive from data breaches are very high.

What does a cyber-attack cost?

The dark web is flooded with a variety of accessible services that go with the individual needs of the attackers and low price, which accommodate all levels of investment. It is effortless to launch a keylogging phishing attack and Trojan campaign.

Each campaign cost different, one may cost as a good meal, and one can cost a bit high.

• For a phishing attack, a cybercriminal needs almost $500 per month on average and a price starting from $30 per month.
• For a stealing or keylogging campaign, they need a $723 on average with price as low as $183.
• For ransomware and Trojan attacks, they need $1000.

Cybercrime barrier to entry getting lower

According to a research, it was concluded that a low-end cyberattack, which may cost $34, could return $25000 in a month, and the expensive end attack, which may require a few thousand dollars, can return up to $1 million in a month.

For the cybercriminals earning money for the initial investment isn’t very difficult. The barrier to entry isn’t shallow, but the criminals can make their way by using different tricks and tools. The cybercriminals, after doing damage to the network, can earn millions by selling the data on the dark web or asking for a ransom to be paid. The dark web is a large underground economy for the cybercriminals where they learn about products and services and techniques to perform a successful attack.

What the CISO needs to know about cybercrime markets

If a firm has a good security team that cares for good IT hygiene and security controls and carries proper security operations, it means they can take care of various cyber attack types. They can make the right decision for advanced threats, which helps in knowing about the threat actors, types of attacks, and what techniques they are using to attack them.

The CISO should be focused on each one of the enabling services, which are the bulletproof hosters, proxies, the traffic redirection services, and how account checkers work. They should have enough information about the DDoS services and pair these things for the defense.