OLVX has emerged as a new cybercrime marketplace, quickly gaining a loyal following of customers seeking through the marketplace tools used to conduct online fraud and cyberattacks on other websites.
The launch of the OLVX marketplace follows along with a recent trend in cybercrime marketplaces being increasingly hosted on the clearnet instead of the dark web, which allows for wide distribution of users to access them and for them to be promoted through search engine optimization (SEO).
Research conducted by Zerofox cybersecurity researchers discovered that there is a new underground market called OLVX (olvx[.]cc) that was advertising a wide variety of hacking tools for illicit purposes and was linked to a large number of hacking tools and websites. Researchers at ZeroFox, who detected OLVX at the end of July 2023, have noted a marked increase in activity on the new marketplace in the fall, noticing that both buyers and sellers are increasing their activity on the marketplace. There have been several illicit tools and services offered to threat actors by OLVX since its launch on July 1, 2023. As opposed to the other markets that OLVX operates in, it focuses on providing cyber criminals with tools that they can take advantage of during the 2023 holiday peak season in retail. ZeroFox found that
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