Phishing Networks and IEDs

John Robb explains some "Lessons from Phishing Networks." What's especially interesting is his comparison of phishing networks and Iraqi insurgents:

The 21st Century criminal economies like the phishing economy... demonstrate the same degree of decentralized self-organization we see in the market for IED (improvised explosive devices) manufacture/deployment in Iraq. Both markets aren't controlled by any single gang, or even a collection of gangs. Instead, they consist a large network of individuals that trade, sell, share, and collaborate to make money and generate desired effects.

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