In the cybercrime world, Initial Access Brokers (IABs) are essential for facilitating attacks. These specific hackers break into company systems, steal login credentials, and then sell access to other criminals who use it to launch their own attacks. They essentially act as locksmiths for hackers, making it easy for those willing to pay to get into systems.
What Exactly Do IABs Do?
IABs function as a business where they sell access to corporate systems stolen from their organizations on dark markets, either private forums or Telegram channels. The credentials offered include the most basic login information and even the highest administrator accounts. They even have guarantees by giving a refund if the stolen credentials fail to work.
This system benefits both inexperienced attackers and advanced hacking groups. For less skilled criminals, IABs provide access to high-value targets they could never reach independently. For seasoned ransomware operators, purchasing pre-stolen access saves time and allows them to focus on deploying malware or stealing sensitive data.
Such credentials as usernames and passwords are a hacker’s key to entering a system directly, bypassing all the security barriers. Such an attack occurred during major breaches such as in the
- Geico Case: Cyber thieves in 2024 accessed Geico’s online tools with stolen credentials and compromised sensitive information for 116,000 customers and paid the compa
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