IOCTA 2023: forget hackers in a hoodie, cybercrime has become a big business

Forget the cliché of a solitary figure in a hoodie hunched over a keyboard in a dark room crunching lines of codes. It is an image that no longer accurately reflects today’s cybercrime landscape, where criminals operate as business-like syndicates across borders.

Europol’s ninth Internet Organised Crime Threat Assessment (IOCTA), whose first module is published today, takes an in-depth look into the online criminal ecosystem, examining notable actors, their attack vectors and victims.

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Source: Europol