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According to a new report by Trend Micro, the North American cyber criminal underground isn't buried as deep as in other geographies.

“The reality is the sector as a whole is dealing with a cyber crime wave,” said Tom Kellermann, chief cyber security officer at Trend Micro, which sells security software.

The Chinese cybercrime underground has evolved to feature search engines to help darknet users find leaked data, and ATM and POS skimmers to capitalize on the growing consumer trend for non-cash payments, according to Trend Micro.

The Chinese cybercrime underground has evolved to feature search engines to help darknet users find leaked data, and ATM and POS skimmers to capitalize on the growing consumer trend for non-cash payments, according to Trend Micro.

However, this decline is not necessarily a positive indicator, according to Christopher Budd, threat communications manager with Trend Micro, the global cloud security company that issued the report, "Follow the Data: Dissecting Data Breaches and Debunking Myths."