Connect with us

Hi, what are you looking for?

HEADLINES

The dark side of the dark web

IMAGE CREDIT: PIXABAY.COM

Gone are the days when ransomware was developed and distributed by skilled cybercriminals. Today, anyone can easily build and launch ransomware as there are only two key requirements – bad intent and access to the dark web, a marketplace where malware kits are advertised the way a traditional online retailer promotes regular items like clothes and shoes, according to Sophos.

Users on the dark web are anonymous and protected by a privacy feature baked directly into the Tor browser, which is the browser used to access it. This also means that law enforcement authorities are unable to identify where the websites are, who owns them, who uses them or who to arrest.

The easy access to the dark web is fueling ransomware-as-a-service (RaaS) distribution models, which essentially enable novice cybercriminals to download and use ransomware. As ransomware is cheap to purchase and spread, it also provides a quicker payout than stealing credit card data or personal information.

One of the most recent, successful example is Philadelphia, a ransomware variant that is easy to customize and deploy, and uses common marketing strategies to reach potential customers. Cybercrooks only have to pay once to get an executable that can generate unlimited ransomware samples.

There is even a production-quality intro video on YouTube, explaining the nuts and bolts of the kit and ways to customize the ransomware with a range of feature options. Hence, with ransomware variants like Philadelphia, criminals with limited technical skills, can easily execute high-quality attack campaigns.

Advertisement. Scroll to continue reading.

In fact, there are ransomware variants on the dark web delivered via cloud that offer a host of menu options to guide crooks on how much ransom to charge and the distribution spectrum of the attack.

For a ransomware campaign to succeed, attackers must overcome four main challenges:

  1. Setting up a command-and-control server to communicate with victims
  2. Creating ransomware samples
  3. Sending the samples to victims
  4. Managing the attacks by collating statistical information, checking payment etc

Chester Wisniewski, Principal Research Scientist, Sophos shares tips for enterprises to ensure attackers do not cross these challenges successfully:

  1. Understand underground trends and train employees on how the dark web works
  2. Increase the frequency of security monitoring and reporting in the organisation
  3. Patch early and patch often, even if you’re using an unsupported version of XP, Windows 8 or Windows Server 2003
  4. Be vigilant to recognize if employees or customers are being targeted

Advertisement
Advertisement
Advertisement

Like Us On Facebook

You May Also Like

HEADLINES

Acting on reports about a suspicious message urging customers to click a malicious link to redeem ‘Smart points’, the telco quickly sprang into action...

HEADLINES

Likening the Converge network to a digital fortress, CISO Andrew T.  Malijan said that its battlements were strengthened in 2024 as it blocked a...

HEADLINES

ThinkShield Firmware Assurance is one of the only computer OEM solutions to enable deep visibility and protection below the operating system (OS) by embracing Zero...

HEADLINES

Kaspersky experts have uncovered a series of scams related to the growing demand, ranging from impersonating trusted brands to creating entirely fraudulent storefronts.

HEADLINES

This achievement highlights the increasing demand for Sophos’ proactive, expert-led security solutions, which help organizations of all sizes stay protected 24/7 against increasingly sophisticated...

HEADLINES

Trend's 2025 predictions report warns of the potential for malicious "digital twins," where breached/leaked personal information (PII) is used to train an LLM to...

HEADLINES

The findings show that platform security – securing the hardware and firmware of PCs, laptops and printers – is often overlooked, weakening cybersecurity posture...

HEADLINES

Sophos scored the highest overall customer rating of 4.9/5, based on 344 reviews, as of Sept. 30, 2024, with verified customer reviews celebrating Sophos...

Advertisement