Current article in The Economist, discusses a paper published (and previously mentioned on CFL): Click Trajectories: End-to-End Analysis of the Spam Value Chain (PDF)
Snippets of the Economist article “.. well-worn assertion is that cybercrime revenues exceed those from the global trade in illegal drugs..
In the absence of figures from the practitioners, experts tend to fall back on surveys of victims, often compiled by firms that sell security software..
Few cybercrime surveys cite the methodology they used..
Stefan Savage, Mr Kanich’s PhD supervisor, says that the security industry sometimes plays “fast and loose” with the numbers, because it has an interest in “telling people that the sky is falling”..
in the grand scheme of criminal threats, hacker kingpins do not appear to be on a par with Colombian drug lords..”
Measuring the black web
Cybercrime, The Economist, 15 October 2011 (Print Article)
http://www.economist.com/node/21532263 – (Full Online Article) – last access 14 October 2011
I beg the question, a definition of the “Black web” ?