Digital Shadows, the risk protection company, has recently announced that the initial access brokers group is posing growing cyber threats for enterprises. The cybercriminal’s group has been breaching several organizations; however, instead of stealing data or causing disruptions, they trade access to other cyber-attackers. This includes ransomware operators as well as nation-state groups.
As Rick Holland, CISO at Digital Shadows, explains – “The dramatic increase in remote working coupled with ransomware’s commercial success has been a perfect storm of opportunity for initial access brokers.”
Digital Shadows noted that the researchers have been monitoring initial access brokers for years, and the pandemic has boosted their popularity. On critical cybercrime forums, such services are now prominently displayed compared to never before.