Surge in organised cybercrime prompting huge growth opportunity in cybersecurity sector – ARK Invest Europe

Hardly a day goes by that we don’t hear about the latest cyber-attack. Cybercrime has become all too common. Today, cybercriminals are hiding out in our digital backyards.

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... Rize ETF has watched this space for more than five years now, what’s been most notable to them is how cybercriminals have become smarter over the years. Gone are the days of the lone-wolf, nonpartisan computer geek looking to make a quick buck. Today, Rize ETF describes how the ‘typical’ cyber-attacker can be part of a nefarious organisation that looks far more like a corporate enterprise than ever before. Kevin Curran, a professor of cybersecurity at Ulster University, notes that some of these “enterprises” even have “dedicated call centres” to assist victims of ransomware attacks they themselves carry out. Just let that sink in for a second.

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