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Russia’s invasion of Ukraine in 2022 threw Russia’s cybercrime ecosystem into a state of upheaval that still exists to this day.
“We identified disruptions to literally every single form of commodified cybercrime,” said Alexander Leslie, associate threat intelligence analyst at Recorded Future.
In a new report, Leslie detailed how divided loyalties over the war resulted in an IT brain drain. An estimated 250,000 cybercriminals left Russia and Belarus. Ecosystem changes have reshaped the types of cybercrime at play, upended supply and demand for illicit goods and services, and driven pricing instability.
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