The Evolution of Phishing to Organized Crime

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Rohyt Belani

This presentation will discuss the evolution of phishing from being a means of stealing user identities to becoming a mainstay of organized crime. Today, phishing is a key component in a “hackers’ repertoire. It has been used to hijack online brokerage accounts to aid pump ‘n dump stock scams, and as a means of creating covert channels from compromised user machines to the Internet. During this talk, I will present the techniques used by attackers to execute such attacks and real-world cases that I have responded to that will provide perspective on the impact.