CyberWire Daily The hidden cost of data hoarding. [Research Saturday]
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Jan 11, 2025 Kyla Cardona and Aurora Johnson from SpyCloud delve into the murky world of China's cybercrime ecosystem, highlighting how citizen data is hoarded and sold on dark markets. They discuss the troubling rise of insider threats, with corrupted individuals cashing in on sensitive information. The researchers also shed light on the unique methods of data exfiltration employed by Chinese cybercriminals, contrasting them with Western practices. Their insights reveal the geopolitical implications of China's data strategy and the subtle intricacies of navigating its surveillance state.
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Data Exfiltration Methods
- The Chinese cybercrime ecosystem relies more on persistent insider access for data exfiltration.
- This differs from Western ecosystems that often rely on hacks and leaks.
Scale of Chinese Cybercrime
- Researchers track hundreds of Chinese cybercrime channels on Telegram, some with tens of thousands of accounts.
- This offers a glimpse into the Chinese cybercrime ecosystem, but it's likely just the surface.
Chinese Cybercrime Slang
- "Pantsless data" is a Chinese slang term meaning "hacking someone's databases."
- Understanding these terms is crucial for navigating the Chinese cybercrime ecosystem.