"Hackers Selling Access to 576 Corporate Networks for $4 Million"

According to a new report, hackers are selling access to 576 corporate networks worldwide for a total cumulative sales price of $4,000,000. The findings come from the Israeli cyber-intelligence firm KELA, which published its Q3 2022 ransomware report, showing stable activity in the initial access sales sector but a significant increase in the value of the offerings. Although 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. Initial Access Brokers (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, launch 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. IABs continue to play an important role in the ransomware infection chain, despite being sidelined last year when large ransomware gangs that operated as crime syndicates had their own IAB departments. This article continues to discuss the hackers selling access to corporate networks for millions of dollars, which is fueling enterprise attacks. 

Bleeping Computer reports "Hackers Selling Access to 576 Corporate Networks for $4 Million"