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Grey market

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Definitions Edit

Commerce Edit

A grey market (also spelled gray market) usually refers to the flow of new goods through distribution channels other than those authorized or intended by the manufacturer or producer.

Cybercrime Edit

A grey market (also spelled gray market) is

[t]he exchange of vulnerabilities and exploits, the discovery and development of which are not illegal per se, but can nevertheless be troubling because they also complicate the life of system defenders.[1]
[a] market for vulnerabilities in which vulnerabilities remain private, are used for either offensive or defensive purposes, and may eventually get disclosed to the affected vendor, though that is not guaranteed because they are typically first sold to a government, military, or defense contractor.[2]

Overview (Commerce) Edit

Grey market goods are not generally counterfeit. Instead, they are being sold outside of normal distribution channels by companies which may have no relationship with the producer of the goods.

References Edit

  1. Markets for Cybercrime Tools and Stolen Data, at 49.
  2. Zero Days, Thousands of Nights, Glossary, at 105.

See also Edit

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