Growing Cyber-Underground Market for Initial-Access Brokers

Growing Cyber-Underground Market for Initial-Access Brokers

Ransomware groups are increasingly purchasing access to corporate networks from "vendors" who have previously placed backdoors on targets. 

Email is a well-known entry point for fraudsters attempting to breach a corporate network. According to researchers instead of doing the heavy lifting themselves, ransomware groups are teaming with other criminal groups who have already opened the path for access using first-stage software. 

As per the report released Wednesday by Proofpoint, researchers discovered a "lucrative criminal ecosystem" that works together to launch effective ransomware attacks, such as the ones that have lately made headlines (Colonial Pipeline) and caused substantial damage around the world. 

According to the analysis, recognized ransomware gangs such as Ryuk, Egregor, and REvil first link up with threat actors who specialize in initial infection utilizing various forms of malware, such as TrickBot, BazaLoader, and IcedID, before unleashing the ultimate ransomware payload on the network. 

“Cybercriminal threat groups already distributing banking malware or other trojans may also become part of a ransomware affiliate network.” states report. 

Proofpoint has identified at least ten threat actors who utilize malicious email campaigns to spread first-stage loaders, which are then exploited by ransomware groups to deliver the final payload. Researchers discovered that the relationship between such threat actors and ransomware groups is not one-to-one, as multiple threat actors employ the same ransomware payloads. 

“Ransomware is rarely distributed directly via email. Just one ransomware strain accounts for 95 percent of ransomware as a first-stage email payload between 2020 and 2021,” according to the report. 

Proofpoint has also seen ransomware spread via the SocGholish malware, which infects users with fake updates and website redirects, as well as the ..

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