By Perfecto T. Raymundo, Jr. 

MANDALUYONG CITY — Experts in cybersecurity on Tuesday (Sept. 10) divuldged the illegal activities of criminal groups in cybersecurity technology. 

In press conferencon during the Decode 2024 Forward Infusion, David Sancho, of the forward-looking research team, said the trends in the criminal underground is such that it is a thriving community. 

Sancho noted that What the criminals do

Even if the technology looks primitive so to speak

Dark Artifical Intelligence Bots & applications

A small boy may nudify a photo and it looks flawless.

People who use Teegram channels are happy which was used to take down the Hamas

It’s relatively easy to use the photo of a person and create a deep fake photo and use it for monetization such as Krypto currency

KYC verification services

A deep fake Krypto currency may use a picture of a non-exiisting person

60 US dollars can easily avail of deepfake services

At 200 US dollars you can already have a fully operational scam

10 US dollars you can have the service and 1,000 US dollars you can have the company

With a different interface model, they usually go 5 to 10 US dollars and they are on sale through Krypto currency.

It’s easy to make money online.

Criminals are attacking. We protect the parameters. Deepfake protection is the solution to deepfake scam through Artifical Intelligence services.

It highlighted how cyber criminals are offering their services online.

Criminals do not favor the Dark web AI because it is slow.

Cyber criminals are using Kryto currency and black chains in the sense that they are difficult to trace so much so that so much money flows to an e-wallet and so it belongs to ransomware guys, so much so much so that it goes to several chains or segments, hence, it’s difficult to trace. 

Ransomware is more concerning now which will be mass mailed and may steal baby pictures and ask for 100 US dollars in exchange.

Info stealing and some kind of travel scam or romance scam which may be mass mailed. Info stealing is where you are made to go to wrong page.

There are ransomware groups who number in hundreds and they are doing many things in collaboration with each other just like in an office.

It’s so amazing that a ransomware group who is working like a corporation and is based in the United States.

Just a peek in the world of cyber criminals.