Two years ago, the Chinese cyber-crime underground was a thriving and productive economy with compromised hosts, DDoS attack tools and remote access trojans (RATs) being offered. Cyber-criminals abused the instant messaging app, QQ, in order to communicate with their peers.
Peddled wares were discovered to target not only PCs, but mobile devices as well. Most wares found were designed to target citizens of China. However, Americans, Europeans and the Japanese may also experience financial losses since credit card dumps containing personally identifiable information (PII) and credit card credentials of citizens from their countries are sold in the Chinese underground, too.
http://www.scmagazineuk.com/chinese-hackers-have-built-a-robust-business-empire/article/455816/
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