Ransomware Groups, Targeting Preferences, and the Access Economy

Ransomware Groups, Targeting Preferences, and the Access Economy

February 20, 2024 at 10:40AM

Ransomware attacks are often initiated by criminals exploiting easily accessible targets, rather than choosing them. Infostealer malware, particularly through Telegram channels, contributes to the proliferation of ransomware attacks. Additionally, initial access brokers sell corporate IT access, which is taken advantage of by ransomware groups and affiliates to carry out attacks, leading to a growing and complex cybercrime economy.

The meeting notes highlight the intricate supply chain that supports ransomware attacks. Ransomware groups typically do not select their own targets but instead rely on a sophisticated cybercrime supply chain, including the use of ransomware-as-a-service (RaaS) platforms and affiliate ecosystems. The process often begins with the use of infostealer malware to gain access to user credentials, which are then distributed and monetized through illicit channels. Additionally, initial access brokers play a pivotal role in gaining and selling privileged IT access to corporate environments, while ransomware groups and affiliates exploit these access points to carry out attacks. The notes emphasize the importance of implementing a robust corporate continuous threat exposure management (CTEM) program to disrupt every aspect of the cybercrime supply chain.

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