The digital underground economy: a social network approach to understanding cybercrime

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Description/Abstract

Emphasized in both the National Security Strategy [11] and the Cyber Security Strategy [3], cybercrime is now a Tier-One national threat to the United Kingdom, a threat which must be addressed as our lives become ever more embedded in the digital economy. Recent cybercrime statistics [14, 24] indicate that with hundreds of millions worth of damage, cybercrime remains one of the primary threats facing nations, corporations and ordinary people. The intriguing question then is how has cybercrime managed to evolve into such a persistent problem despite almost a decade of extensive research into cybersecurity?