criminal ring

According to the report of security researchers that attended the Black Hat conference last week China is increasingly getting a leading marketplace for permitted hacking and malware making tools allowing criminal rings to create ‘production chains’ that develop and distribute technologies for producing malicious software.

This week online marketplace leader eBay in association with the National Retail Federation, the trade group for the retail industry, announced they would be partnering to fight organized retail crime that results in significant losses for the merchants.

The Federal Bureau of Investigation will support the partnership which is meant to help law enforcement in criminal probes and prevent crimes in which goods are stolen from brick-and-mortar stores and then resold online.