In the last few years M86 Security Labs has seen a dramatic increase in attack or exploit kits. These easy-to-use kits are the backbone of exploits in the “wild”. M86 Security Labs research reviews how exploit kits are developed, distributed and monetized globally. The turnover of exploits is quick. The success rate is high. And, all of this for very minimal cost for the exploit kit users and operators. The details in this report will provide a fundamental understanding of how exploits operate and give the reader a true sense of the business behind the crime.