2021 has proven to be busy for law enforcement operations already, taking down numerous high-profile dark web marketplaces and forums including Dark Market (500k users, 2.4k sellers, transactions ~ €140 million), Emotet, Netwalker, and Egregor, with some even producing arrests of site operators. Digital Shadows’ new report, “Cybercriminal law enforcement crackdowns in 2021,” highlights the impact that these takedowns have had to date.
Digital Shadows highlighted the growing role of Initial Access Brokers within the criminal ecosystem within its Initial Access Brokers Report. Rather than infiltrating an organization deeply, this type of threat actor operates as a ‘middleman’ by breaching as many companies as possible and goes on to sell access to the highest bidder – often to ransomware groups.
Digital Shadows released research on the most popular items for sale on the dark web this holiday season – this one is shaping up to be different than any before with many consumers turning to online shopping instead of brick and mortar.
Digital Shadows released its quarterly research report focusing on the latest trends in ransomware. Unfortunately, for vulnerable organizations everywhere, Digital Shadows Photon Research team found that ransomware as a market and community on the dark web has expanded since Q2.
Recently, broader social dynamics, related to gender and nationality, in particular, are shaping the activity of cybercriminal forums. Digital Shadows explored this trend in a new analysis blog, "Unpicking Cybercriminals’ Personalities - Part 1: Gender and Nationality," that looks at how the dynamics of gender and nationality play out in cybercriminal forums and how it’s shaping cybercrime trends as a result.
Digital Shadows has analyzed the cybercriminal marketplace landscape following the Empire Market exit scam. The company’s research has identified a number of currently available dark web marketplaces popular within the cybercriminal community. Noting the impact of the closure of Empire Market, some marketplaces, such as Icarus Market, have seen a major spike in listings, from 25,000 to 35,000 in the last month.
A new Night Lion Security and Data Viper report provides an inside look at the lucrative economy of hacked consumer gaming accounts, where cybercriminals are earning upwards of $40,000 per week in profits.
A new Digital Shadows report focuses on the escrow systems used on cybercriminal forums. These systems are deeply sophisticated, relying not just on similar technological mechanisms as traditional ecommerce, but on social, community oriented mechanisms as well, such as arbitration.