Shedding Light on the Dark Web
The market for “cyber-crime-as-a-service” is thriving and growing, and bad actors are constantly on the lookout for innovative ways to outsource their malicious tasks elsewhere, including their larger profitable targets like breaching corporate networks. Let’s look at two different services that dark web threat actors provide and how Welo can protect your business from their growing threats. First, we’ll look at a reconnaissance service that targets new or lower-skilled cybercriminals to help them find corporate networks that are susceptible to a breach. Next, we’ll learn about ransomware and extortion gangs and how they use a service to go through the data they’ve gained access to and assess how much they can extort from their new target’s business.
Since early 2021, the Welo Cyber Threat Intelligence Squad has been monitoring a threat actor who sells a service to help find suitable corporate networks to target. This actor charges $100 and must be provided an IP address for his services. He uses internet scanners to find information about potential targets.
“
Cyber attackers are working harder than ever to access your customer data and ruin your business forever.”
Jenna Jenkins
Stopping bad actors in their tracks
He is provides his clients with information like:
* IP Address
* Port, Server, ISP Provider
* Vulnerabilities
* Financial Information
* Geographical Information
* Corporate Email Addresses and Phone Numbers
* Additional Information
As ransomware and corporate data theft has expanded, a huge influx of capital has attracted new criminals into the dark web and cybercrime. The amount of services available from cybercriminal groups has evolved and grown, ultimately professionalizing their criminal industry.
At Welo, we offer a wide range of off-the-shelf packages to protect against incidents like those mentioned in this blog. such as those described in this blog. With our vast offerings and knowledge, we will keep your business secure against bad actors and diminish their chances of a successful attack. By putting proper protections in place, we can help you avoid the many diverse types of attacks that threaten your business. With Welo, we’ll keep you a step ahead of the criminals and we’ll help you grow as the threats of cyberattacks evolve.
Don’t be caught in the dark (web)
Alternate investment firms have unique security challenges. After all, your customers are high-net-worth individuals, and they trust you completely with their data. Any breach of your IT environment would expose a motherload of sensitive information about large sums of capital, and because of that, investment firms are attractive to criminals who are looking for a quick route to big money.
It shouldn’t be shocking then to learn that according to a recent study, financial service firms are more than 300 times more likely to be the focus of cyberattacks than any other industry company. Moreover, those attacks cost their victims more than in other sectors due to the large amounts of wealth for which they’re responsible.
In these ever changing digital times, wealth managers have a critical need to adopt strategic approaches to their risk management and take seriously the threats they face from cybercriminals. Attackers are getting more sophisticated by the week, and you need to be a leader in the field with a reputation for protecting your customer assets.
Let our team of experts guide you to a security solution that’s perfect for your business and your customer data.
