Cyber-Criminals Shifting Away from Dark Web Marketplaces
According to McAfee, cyber-criminals are changing their tactics by downsizing from large dark web marketplaces to establish their own digital storefronts in order to gain trust with buyers. This shift in strategy is believed to be a response to recent law enforcement crackdowns on major marketplaces like Hansa, Alpha Bay, and Olympus. The downsizing allows these hackers to build stronger brands, increase infection rates, and enhance both operational and financial security.
John Fokker, head of cyber-criminal investigations at McAfee, stated, “Cyber-criminals are very opportunistic in nature. The cyber-threats we face today once began as conversations on hidden forums and grew into products and services available on underground markets.” This trend has also led to a rise in website designers offering their services to build these new digital stores.
Key Findings from McAfee’s Q3 Threat Report:
- McAfee blocked an average of 480 new threats per minute during the quarter.
- IoT malware, cryptomining malware, and new ransomware all saw increases from the previous quarter.
- New malware samples rose by 53%, with macro malware up by 32%.
- Malware remained the most popular attack vector, followed by account hijacking, leaks, unauthorized access, and vulnerabilities.
- Instances of new mobile malware declined by 24% in Q3, and McAfee customers reported 36% fewer infections.
- Data breaches in the financial sector increased by 20%, and sextortion scams continued to grow, driven by the Gamut botnet.
Overall, the report highlights the evolving landscape of cybercrime and the adaptability of hackers in response to law enforcement actions. As cyber-criminals continue to refine their strategies, organizations and individuals must stay vigilant to protect themselves from emerging threats.