Security News > 2023 > August > Hackers ask $120,000 for access to multi-billion auction house
Hackers claim to have breached the network of a major auction house and offered access to whoever was willing to pay $120,000.
The most expensive item for sale was $120,000 for access to the network of a multi-billion dollar auction house.
"While most access is low to medium value, occasionally extremely unique or high-value access is auctioned that can cause extreme pricing variation compared to our average" - Flare.
Some IABs advertised access to backup and recovery systems along with access to the corporate IT network, which could serve ransomware operations.
"Stealer logs are an overlooked primary vector of access for initial access brokers, it's a surprisingly simple type of infection that is almost certain to be one of the major ways that IABs and ransomware groups are getting access to corporate IT environments" - Mathieu Lavoie.
Regardless of the method initial access brokers used to obtain access to a network, companies should at least implement monitoring mechanisms for info-stealing malware, a regular source of corporate credentials.