Hackers Selling Ransomware Victims and Network Access Data for $4 Million

 

In accordance with a new report, hackers are selling access to 576 corporate networks worldwide for a total cumulative sales price of $4,000,000, fueling enterprise attacks. The findings come from the Israeli cyber-intelligence firm KELA, which published its Q3 2022 ransomware report, which showed stable activity in the initial access sales sector but a significant increase in the value of the offerings. Despite the fact that the number of network access sales remained roughly the same as in the previous two quarters, the total requested price has now reached $4,000,000. In comparison, the total value of initial access listings in Q2 2022 was $660,000, a decrease that coincided with the summer ransomware hiatus, which hampered demand. 
The Rise of Ransomware
IABs are hackers who sell access to corporate networks, typically through credential theft, webshells, or exploiting vulnerabilities in publicly exposed hardware.
After gaining access to the network, threat actors sell it to other hackers, who use it to steal valuable data, deploy ransomware, or engage in other malicious activity.
The reasons IABs do not use network access vary, from a lack of diverse intrusion skills to a preference not to risk increased legal trouble.

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