Now Registering for Classes at Cybercrime U

As summer comes to a close, students all over the world are heading back to the classroom – even in the cyber underground.  Over the last few weeks, RSA has observed a spike in the availability of cybercrime courses, lessons, counseling and tutoring that are being offered to help fraudsters achieve their career goals.  In what appears to mimic the course catalog model adopted by many legitimate universities, senior fraudsters are turning their expertise into a professorship, helping newcomers master everything from the basic business of fraud to how to avoid law enforcement.

Senior Fraudsters Offer Schooling for Newcomers

It has never been uncommon to see seasoned criminals offer up advice to newcomers, but what was once simple, free advice is now turning into a paid service delivering a comprehensive education on committing fraud. These courses are advertised in the underground and are commonly carried out via Skype videoconferencing to promote interactivity and allow “professors” to partake in Q&A sessions with their students.

These fraudster trade schools further offer ‘job placement’ for graduates through their many underground connections with other experienced criminals.  “Professors” will even vouch for star students to help them join the underground communities they would otherwise not be able to access.

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