{"id":45317,"date":"2022-02-16T16:44:56","date_gmt":"2022-02-16T16:44:56","guid":{"rendered":"https:\/\/packetstormsecurity.com\/news\/view\/33116\/How-The-Initial-Access-Broker-Market-Leads-To-Ransomware-Attacks.html"},"modified":"2022-02-16T16:44:56","modified_gmt":"2022-02-16T16:44:56","slug":"how-the-initial-access-broker-market-leads-to-ransomware-attacks","status":"publish","type":"post","link":"https:\/\/www.threatshub.org\/blog\/how-the-initial-access-broker-market-leads-to-ransomware-attacks\/","title":{"rendered":"How The Initial Access Broker Market Leads To Ransomware Attacks"},"content":{"rendered":"<p>To perform a ransomware attack successfully, cybercriminals must first obtain access to their victim&#8217;s PC or network.&nbsp;<\/p>\n<p>Gone are the days when ransomware was confined to malware that targeted individuals with fake threats from organizations like the FBI or IRS, demanding payment through a PC pop-up following encryption.&nbsp;<\/p>\n<p>Now, while individuals may still encounter ransomware &#8212; especially when antivirus programs are not in use &#8212; companies are the big game that criminals hunt.&nbsp; <\/p>\n<p>Time is money in the corporate world, and ransomware has exploded in recent years to become an almost separate cybercriminal business of its own. As a result, &#8216;sub&#8217; services have emerged that assist ransomware developers in the deployment of their illicit creations &#8212; ranging from language services to handle ransom payment negotiation to Initial Access Brokers (IABs) who offer the covert access to a network required in the first stage of a ransomware attack.&nbsp; <\/p>\n<p>As noted in new research <a href=\"https:\/\/ke-la.com\/blog\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" data-component=\"externalLink\">conducted by KELA<\/a>, the ransomware-as-a-service (RaaS) economy relies on IABs to reduce the need for extended reconnaissance or the time to find a method for entry.&nbsp; <\/p>\n<p>On average, IABs sell initial access for $4600, and sales take between one and three days to finalize. In the cases identified by the cybersecurity firm, once access has been purchased, it takes up to a month for a ransomware attack to take place &#8212; and potentially for the victim to be subsequently named and shamed on a leak site.&nbsp; <\/p>\n<figure class=\"image image-original shortcode-image\"><span class=\"img aspect-set \"><img decoding=\"async\" src=\"https:\/\/www.zdnet.com\/article\/from-start-to-finish-how-the-initial-access-broker-market-leads-to-ransomware-attacks\/\" class=\"lazy\" alt=\"screenshot-2022-02-14-at-10-52-00.png\" height=\"auto\" width=\"1200\" data-original=\"https:\/\/www.zdnet.com\/a\/img\/resize\/68fd3b1f0b822a64e079d5979e1c12a9f4a0d68a\/2022\/02\/14\/819d7c76-2499-4884-b393-0f5625a2c090\/screenshot-2022-02-14-at-10-52-00.png?width=1200&amp;fit=bounds&amp;format=pjpg&amp;auto=webp\"><\/span><noscript><span class=\"img aspect-set \"><img decoding=\"async\" src=\"https:\/\/www.zdnet.com\/a\/img\/resize\/68fd3b1f0b822a64e079d5979e1c12a9f4a0d68a\/2022\/02\/14\/819d7c76-2499-4884-b393-0f5625a2c090\/screenshot-2022-02-14-at-10-52-00.png?width=1200&amp;fit=bounds&amp;format=pjpg&amp;auto=webp\" class alt=\"screenshot-2022-02-14-at-10-52-00.png\" height=\"auto\" width=\"1200\"><\/span><\/noscript><figcaption><span class=\"caption\"><\/span><span class=\"credit\"> KELA <\/span><\/figcaption><\/figure>\n<p>At the very least, five known Russian-speaking ransomware operators are using IABs: LockBit, Avaddon, DarkSide, Conti, and BlackByte. <\/p>\n<section class=\"sharethrough-top placeholder\"> <\/section>\n<p>KELA conducted an examination of past security incidents involving these ransomware groups. First up is LockBit, of which an attack began against&nbsp;<a href=\"https:\/\/www.zdnet.com\/article\/bangkok-airways-apologizes-for-passport-info-breach-as-lockbit-ransomware-group-threatens-release-of-more-data\/\" target=\"_blank\" rel=\"noopener\">Bangkok Airways<\/a>&nbsp;due to AnyConnect VPN access offered by a threat actor called &#8220;babam.&#8221;<\/p>\n<p>While it isn&#8217;t clear exactly who purchased Bangkok Airways access, on August 23, 2021 &#8212; not yet a month after access was offered in underground forums &#8212; the airline became infected by ransomware. Two days later, Bangkok Airways appeared on the LockBit leak site.&nbsp;<\/p>\n<p>&#8220;Bangkok Airways did not disclose any investigation details, but based on the timeline, it is highly possible that the attack was performed using the bought access,&#8221; the researchers noted.&nbsp;<\/p>\n<figure class=\"image image-original shortcode-image\"><span class=\"img aspect-set \"><img decoding=\"async\" src=\"https:\/\/www.zdnet.com\/article\/from-start-to-finish-how-the-initial-access-broker-market-leads-to-ransomware-attacks\/\" class=\"lazy\" alt=\"screenshot-2022-02-14-at-10-52-57.png\" height=\"auto\" width=\"1200\" data-original=\"https:\/\/www.zdnet.com\/a\/img\/resize\/5d6984623e9807b449160b8968637b97b894891f\/2022\/02\/14\/1020e352-504c-46fc-a3c9-f99945ef7e26\/screenshot-2022-02-14-at-10-52-57.png?width=1200&amp;fit=bounds&amp;format=pjpg&amp;auto=webp\"><\/span><noscript><span class=\"img aspect-set \"><img decoding=\"async\" src=\"https:\/\/www.zdnet.com\/a\/img\/resize\/5d6984623e9807b449160b8968637b97b894891f\/2022\/02\/14\/1020e352-504c-46fc-a3c9-f99945ef7e26\/screenshot-2022-02-14-at-10-52-57.png?width=1200&amp;fit=bounds&amp;format=pjpg&amp;auto=webp\" class alt=\"screenshot-2022-02-14-at-10-52-57.png\" height=\"auto\" width=\"1200\"><\/span><\/noscript><figcaption><span class=\"caption\"><\/span><span class=\"credit\"> KELA <\/span><\/figcaption><\/figure>\n<p>In an attack conducted by Avaddon, access to a UAE steel product supplier was found to be up for sale on a forum in a post dated March 8, 2021. Three weeks later, the company appeared on the Avaddon domain. (This group has reportedly <a href=\"https:\/\/www.zdnet.com\/article\/avaddon-ransomware-group-closes-shop-sends-all-2934-decryption-keys-to-bleepingcomputer\/\" target=\"_blank\" rel=\"noopener\">closed down<\/a> and a tool has been made available to generate decryption keys.)<\/p>\n<p>DarkSide is infamous for an attack on <a href=\"https:\/\/www.zdnet.com\/article\/darkside-the-ransomware-group-responsible-for-colonial-pipeline-cyberattack-explained\/\" target=\"_blank\" rel=\"noopener\">Colonial Pipeline<\/a> that caused fuel panic-buying in the United States. However, in a separate incident taking place on January 16, 2021, the same &#8220;babam&#8221; IAB tried to sell access to mining technology firm Gyrodata.&nbsp; <\/p>\n<p>Two days later, access was declared as sold, and between January 16 and February 22, an unauthorized actor was lurking on the firm&#8217;s networks. On February 20, DarkSide published the company&#8217;s name as a victim.&nbsp; <\/p>\n<p>In another case, access to a US manufacturer was sold on October 8, 2021, for $800. Within two weeks, Conti exposed the firm on its leak site and some stolen data was also published online. &nbsp; <\/p>\n<p>Ransomware attacks against high-profile targets won&#8217;t be going away anytime soon. Just before the Super Bowl kicked off, the San Francisco 49ers became the latest <a href=\"https:\/\/www.zdnet.com\/article\/blackbyte-ransomware-attacks-san-francisco-49ers-ahead-of-super-bowl\/\" target=\"_blank\" rel=\"noopener\">victim of BlackByte<\/a>, who also named the organization on a leak website. <\/p>\n<h3> <strong>Previous and related coverage <\/strong><\/h3>\n<hr>\n<p><strong>Have a tip?<\/strong> Get in touch securely via WhatsApp | Signal at +447713 025 499, or over at Keybase: charlie0<\/p>\n<p> READ MORE <a href=\"https:\/\/packetstormsecurity.com\/news\/view\/33116\/How-The-Initial-Access-Broker-Market-Leads-To-Ransomware-Attacks.html\">HERE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>READ MORE HERE&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","footnotes":""},"categories":[277],"tags":[8372],"class_list":["post-45317","post","type-post","status-publish","format-standard","hentry","category-cybersecurity-blogs","tag-headlinehackermalwarecybercrimefraudcryptography"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How The Initial Access Broker Market Leads To Ransomware Attacks 2026 | ThreatsHub Cybersecurity News<\/title>\n<meta name=\"description\" content=\"ThreatsHub Cybersecurity News | ThreatsHub.org | Cloud Security &amp; Cyber Threats Analysis Hub. 100% Free OSINT Threat Intelligent and Cybersecurity News.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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