Dark Web Profits And Cybersecurity Attacks

As the world was plunged into chaos due to the coronavirus global pandemic, the users of the dark web took it upon themselves to find new ways to profit off of it. It’s not a surprise that sitting at home all day can shape the human mind into exploring the extremities of the internet and many found their curious selves ending up in the dark web. As more and more companies have fallen victim to the cybersecurity attacks posed by the dark web, businesses are looking to shield themselves from losses while idle and sometimes desperate people take to the dark web to earn a living.

Ransomware is a common way of undermining the cybersecurity of a business where hackers use the dark web to access the personal information of people from a company’s data and hold it for ransom.

It’s also shocking that the cost of damages caused by ransomware around the globe is estimated to exceed $265 billion by 2031. The dangers of its presence have been increasing throughout the years and it has also been observed that companies are prone to multiple ransomware attacks rather than once.

There are private forums in the dark web that are entirely dedicated to the disruption and dismantling of businesses. The Gift Card Market on the dark web has clearly shown how vulnerable businesses are, and how exposed our personal information is. A very unnerving fact is that gift cards worth almost $38 million have been sold on the dark web.

The dark web is the wild west of the internet and has become an exponentially nightmarish place for businesses and individuals alike.

People have also been trying to use it to their advantage during the covid-19 frenzy. It was reported that the dark web has become a marketplace for the covid-19 vaccine. At the peak of the pandemic, ventilators and other essential supplies were also available as a bulk in the deeper trenches of the internet.

People have essentially found a way to acquire profit from the dark web in these slow times. Illegal and criminal activities are thriving and people have seamlessly intertwined the internet to their day-to-day life regardless of their age and are discovering new, dangerous, and outright illegal methods of money-making.

The effects of this overindulgence on the dark web by pandemic-stricken people have the power to change the course of the future of the cybersecurity of businesses.