Mar 25 2009

Economic downturn, Chinese hacker upturn

Published by at 3:54 am under Hacking for money

Hackers gotta eat too.

Robert McMillan, from IDG News Service, provides another great article looking at the Chinese cybercrime industry:

With China’s economy cooling down, some of the country’s IT professionals are turning to cybercrime, according to a Beijing-based security expert.

Speaking at the CanSecWest security conference last week, Wei Zhao, CEO of Knownsec, a Beijing security company, said that while many Chinese workers may be feeling hard times, business is still booming in the country’s cybercrime industry.

Read the full article on China Becoming the World’s Malware Factory

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