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The old hacker stereotype—the antisocial lone wolf with coding skills—has been eclipsed by something far stranger: the cybercrime enterprise.  This mutant business model has grown exponentially, with annual cybercrime revenues reaching $1.5 trillion, according to a 2018 study by endpoint security provider Bromium.

The sophistication of cybercrime operations underpins this scale of damage.  The only explanation is that profit motive is fueling an engine that has driven the creation of effective organizations.  But these organizations are curiously subject to many of the vicissitudes of normal business. 

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