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Over the past few years, the ubiquity of cryptocurrency has made cybercrime easier to monetize. The promise of a quick buck has attracted would-be cybercriminals who lack the traditional skill set required to engage in anything beyond a low-level hack. Much like their aboveboard capitalist counterparts, black market entrepreneurs have stepped in to fill that skills gap. In doing so, they have created a burgeoning cybercrime-as-a-service (CAAS) marketplace. PeopleImages / E+ / Getty Images On Wednesday, May 16, 2018, the Department of Justice released a statement announcing the conviction of one of the larger CAAS operators of the past decade. Ruslans Bondars, a noncitizen of the former U.S.S.R. Federal Jury Convicts Cybercriminal for Operating Counter-Antivirus Service
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