The sale and purchase of unauthorized access to compromised enterprise networks has become a linchpin for cybercriminal operations, particularly in facilitating ransomware attacks.
Underground forums are sharing guidelines on breaching networks and selling the access they obtain, leaving the exploitation to other malicious actors. On underground criminal forums, these transactions allow actors with complementary skills to collaborate, amplifying the impact and reach of cyberattacks. The market for such access has grown notably, especially as ransomware operators increasingly employ double-extortion tactics.
Read more…
Source: Rapid7
Related:
- Swiss Re wants government bail out as cybercrime insurance costs spike
November 8, 2022
As insurance companies struggle to stay afloat amid rising cyber claims, Swiss Re has recommended a public-private partnership insurance scheme with one option being a government-backed fund to help fill the coverage gap. Global cyber insurance premiums hit $10 billion in 2021, according to Swiss Re’s estimates. In a study published this week, the insurance giant ...
- LockBit affiliate uses Amadey Bot malware to deploy ransomware
November 8, 2022
A LockBit 3.0 ransomware affiliate is using phishing emails that install the Amadey Bot to take control of a device and encrypt devices. According to a new AhnLab report, the threat actor targets companies using phishing emails with lures pretending to be job application offers or copyright infringement notices. The LockBit 3.0 payload used in this attack ...
- Massive Phishing Campaigns Target India Banks’ Clients
November 7, 2022
Trend Micro researchers observed an uptick in attacks targeting bank customers in India, the common entry point being a text message with a phishing link. The SMS content urges the victims to open the embedded phishing link or malicious app download page and follow the instructions: To fill in their personally identifiable information (PII) and ...
- Azov Ransomware is a wiper, destroying data 666 bytes at a time
November 7, 2022
The Azov Ransomware continues to be heavily distributed worldwide, now proven to be a data wiper that intentionally destroys victims’ data and infects other programs. Last month, a threat actor began distributing malware called ‘Azov Ransomware’ through cracks and pirated software that pretended to encrypt victims’ files. However, instead of providing contact info to negotiate a ransom, ...
- DDoS attacks in Q3 2022
November 7, 2022
In Q3 2022, DDoS attacks were, more often than not, it seemed, politically motivated. As before, most news was focused on the conflict between Russia and Ukraine, but other high-profile events also affected the DDoS landscape this quarter. The pro-Russian group Killnet, active since January 2022, took the responsibility for several more cyberattacks. According to the ...
- Robin Banks phishing service returns to steal banking accounts
November 4, 2022
The Robin Banks phishing-as-a-service (PhaaS) platform is back in action with infrastructure hosted by a Russian internet company that offers protection against distributed denial-of-service (DDoS) attacks. Robin Banks faced operational disruption in July 2022, when researchers at IronNet exposed the platform as a highly threatening phishing service targeting Citibank, Bank of America, Capital One, Wells Fargo, ...