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:
- Australian Cyber Security Centre using classified capabilities to warn local entities of impending ransomware hit
June 2, 2021
While the Australian Cyber Security Centre (ACSC) is engaged in helping a local organisation remove and recover from a ransomware hit or cyber attack, its overseer, the Australian Signals Directorate (ASD) is able to use its more secretive powers to find out if any other organisations are on the attackers hit list. Speaking about the attack ...
- Cyber-Insurance Fuels Ransomware Payment Surge
June 1, 2021
Ransomware victims are increasingly falling back on their cyber-insurance providers to pay the ransom when they’re hit with an extortion cyberattack. But security researchers warn that this approach can quickly become problematic. In the first half of 2020, ransomware attacks accounted for 41 percent of the total number of filed cyber-insurance claims, according to a Cyber Claims Insurance ...
- Swedish Health Agency shuts down SmiNet after hacking attempts
May 31, 2021
The Swedish Public Health Agency (Folkhälsomyndigheten) has shut down SmiNet, the country’s infectious diseases database, on Thursday after it was targeted in several hacking attempts. SmiNet, which is also used to store electronic reports with statistics on COVID-19 infections, was shut down on Thursday to investigate the attacks and was brought back online on Friday evening. Read ...
- JBS USA cyber attack affecting North American and Australian systems
May 31, 2021
United States-based food processing company JBS USA has confirmed falling victim to a cyber attack, with the aftermath affecting its North American and Australian systems. “On Sunday, May 30, JBS USA determined that it was the target of an organised cybersecurity attack, affecting some of the servers supporting its North American and Australian IT systems,” it ...
- Brazil approves stricter legislation to tackle online crime
May 31, 2021
The Brazilian government has passed new legislation introducing tougher measures against fraud and crimes perpetrated in the digital environments. According to the law 14.155 sanctioned last Thursday (27), the Brazilian Penal Code has been altered to add more stringent penalties in relation to device invasion, theft and misconduct in digital media environments, as well as crimes ...
- New Epsilon Red ransomware hunts unpatched Microsoft Exchange servers
May 29, 2021
A new ransomware threat calling itself Red Epsilon has been seen leveraging Microsoft Exchange server vulnerabilities to encrypt machines across the network. Epsilon Red ransomware attacks rely on more than a dozen scripts before reaching the encryption stage and also use a commercial remote desktop utility. Read more… Source: Bleeping Computer
