The Thriving Underground Economy and How It’s Increasing Hacker Capabilities

The spread of ransomware has reached unprecedented levels; every few days, there are headlines about new attacks crippling major companies or organizations. Some of these attacks have resulted in 8 figure ransoms, but the damage caused by downtime and data leaks is much larger than losses to ransoms.
A lot of the profits hackers are raking in get reinvested in enhancing their capability. All of this cash is driving the growth of an increasingly advanced and sophisticated underground economy, and with it, an expansion in hacker capabilities.