Kaspersky finds 58% of malware sold as a service are ransomware

Issue 4 2023 News & Events

The Kaspersky Digital Footprint Intelligence team presented a new study that reveals ransomware as the most widespread Malware-as-a-Service (MaaS) over the past seven years. The study is based on research conducted on 97 malware families that have been distributed on the darknet and other resources. Additionally, the researchers found that cybercriminals often lease infostealers, botnets, loaders, and backdoors to carry out their attacks.

MaaS is an illicit model of business involving the leasing of software to carry out cyberattacks. Typically, clients of such services are offered a personal account through which they can control the attack, as well as technical support. It lowers the initial threshold of expertise needed by would-be cybercriminals.

Ransomware the most popular MaaS

Kaspersky examined various malware families’ sale volumes, as well as mentions, discussions, posts, and search ads on the darknet and other resources regarding MaaS to identify the most popular types. The leader turned out to be ransomware, or malicious software that encrypts data and demands payment for decryption (IoT botnets are not included since they are not distributed under the MaaS model, but DDoS-as-a-Service model). It accounted for 58% of all families distributed under the MaaS model between 2015 and 2022. The popularity of ransomware can be attributed to its ability to generate higher profits in a shorter space of time than other types of malware.

Cybercriminals can ‘subscribe’ to Ransomware-as-a-service (RaaS) for free. Once they become partners in the programme, they pay for the service after the attack happens. The payment amount is determined by a percentage of the ransom paid by the victim, typically ranging from 10% to 40% of each transaction. However, entering the programme is no simple task, as it entails meeting rigorous requirements.

Infostealers accounted for 24% of malware families distributed as a service over the analysed period. These are malicious programs designed to steal data such as credentials, passwords, banking cards and accounts, browser history, crypto wallets data, and more.

Infostealer services are paid through a subscription model. They are priced between $100 and $300 per month. For example, Raccoon Stealer, which was discontinued in early February 2023, could be acquired for $275 per month or $150 per week. Its competitor, RedLine, has a monthly price of $150, and there is also an option to purchase a lifetime license for $900, according to the information posted on the darknet by its operators. Attackers also make use of additional services for extra pay.

Furthermore, 18% of malware families being sold as a service proved to be botnets, loaders, and backdoors. These threats are combined into one group since they often have a common goal; to upload and run other malware on the victim’s device.

“For instance, the price of loader Matanbuchus tends to vary over time. The price in June of the current year starts from $4900 per month. This type of malware is more expensive than infostealers, for example, as the malicious code itself is more complex and the operator provides all the infrastructure in this case – meaning the partners don't have to pay extra for bulletproof hosting services. It is also worth noting that the number of subscribers to Matanbuchus is very limited, allowing attackers to remain undetected for a longer time,” said Alexander Zabrovsky, Digital Footprint Analyst at Kaspersky.

Components of MaaS and malefactor hierarchy

The cybercriminals who operate MaaS platforms are commonly referred to as operators, whereas those who purchase these services are known as affiliates. After closing a deal with operators, affiliates receive access to all necessary components of MaaS, such as command-and-control (C2) panels, builders (programs for quick creation of unique malware samples), malware and interface upgrades, support, instructions, and hosting. The panels are an essential component allowing attackers to control and coordinate the activities of the infected machines. For example, cybercriminals are able to exfiltrate data, negotiate with a victim, contact support, create unique malware samples, and much more.

Some types of MaaS, such as infostealers, allow affiliates to create their own kind of team. Members of such a team are called traffers – cybercriminals who distribute malware to increase profits and generate interest, bonuses, and other payments from affiliates. Traffers do not have access to C2 panel or other tools. Their only purpose is to scale up the spread of the malware. Most often, they achieve this by disguising samples as cracks and instructions for hacking legitimate programs on YouTube and other websites.

“Cybercriminals actively trade illicit goods and services, including malware and stolen data, over the shadow segments of the Internet. By understanding how this market is structured, companies can gain insights into the methods and motivations of potential attackers. Armed with this information, we are able to better help businesses develop more effective strategies that prevent cyberattacks by identifying and monitoring cybercriminal activities, tracking the flow of information, and staying up to date on emerging threats and trends,” added Zabrovsky.

Find out more at www.kaspersky.co.za




Share this article:
Share via emailShare via LinkedInPrint this page



Further reading:

Highest increase in global cyberattacks in two years
Information Security News & Events
Check Point Global Research released new data on Q2 2024 cyber-attack trends, noting a 30% global increase in Q2 2024, with Africa experiencing the highest average weekly per organisation.

Read more...
SMARTpod talks to The Risk Management Forum
SMART Security Solutions Editor's Choice News & Events Security Services & Risk Management Videos Training & Education
SMART Security Solutions recently released its first SMARTpod podcast, discussing the upcoming Risk Management Forum Conference 2024, which will be held on 26 September 2024 at the Indaba Conference Centre in Fourways, Johannesburg.

Read more...
New State of Physical Access Control Report from HID
HID Global Editor's Choice Access Control & Identity Management News & Events
HID released the 2024 State of Physical Access Control Report, identifying five key trends shaping access control's future and painting a picture of an industry that has been undergoing considerable transformation.

Read more...
Workforce Consortium to reskill 95 million people
Editor's Choice News & Events AI & Data Analytics
ICT Workforce Consortium of global leaders has come together, committing to train and upskill 95 million people over the next 10 years, as 92% of jobs analysed are expected to undergo either high or moderate transformation due to advancements in AI.

Read more...
Tech Trailblazers seeks the most innovative and diverse investors in enterprise tech
News & Events
This year, the global enterprise tech startup awards, the Tech Trailblazers, is looking for the most innovative and diverse VCs as well as its usual hunt for groundbreaking tech start-ups.

Read more...
ONVIF standards drive growth in physical security market
News & Events
ONVIF has announced that more than 30 000 product models in the $120  billion global physical security market meet the ONVIF conformance requirements for interoperability.

Read more...
Western Digital reveals new solutions
WD South Africa Products & Solutions News & Events Infrastructure
Western Digital unveiled new solutions and technology demonstrations at the Future of Memory and Storage Conference 2024. The innovations cater to diverse market segments, from hyperscale cloud to automotive and consumer storage.

Read more...
Challenges in SMME financing and support
News & Events Financial (Industry)
In a step towards empowering small, medium, and micro enterprises (SMMEs), a recent forum was held in KwaZulu-Natal aimed at developing and growing SMMEs through public-private collaboration.

Read more...
SA’s portal for everything FM-related
Securex South Africa Facilities & Building Management News & Events
The Facilities Management Expo 2024, which took place at Gallagher Convention Centre in Midrand from 11 to 13 June 2024, is now firmly entrenched as the ultimate portal for facilities management solutions.

Read more...
Fortinet establishes new point-of-presence in South Africa
News & Events Information Security
Fortinet has announced the launch of a new dedicated point-of-presence (POP) in Isando, Johannesburg, to expand the reach and availability of Fortinet Unified SASE for customers across South Africa and southern African countries.

Read more...