The Dark Web - A Hot Bed for Cybercrime

By

There is a corner of the internet that is cloaked from every day users. Beneath the typical search engines and web browsers, an illegal marketplace is operating in an untraceable environment – the dark web. For many, the dark web is not fully understood. Its illusive nature has allowed the subject to slip under the radar.

Users are only able to access the dark web with special software and encrypted browsers, allowing criminals to conceal their identities and hide within the anonymity of the platform. This layer of protection has allowed the dark web to exist largely unhindered by authorities. Consequently, it is difficult to trace illegal activities back to the culprit.

New attack vectors emerge on a regular basis, but the dark web has become the place where criminals obtain dangerous attack methods immediately after they become available.  Typically, the dark web is known for selling drugs, promoting prostitution, and distributing illegal goods. But a less talked about sector is the market for cybercrime. If you have never browsed, or even thought about the dark web, you can still be at risk. This dark corner of the internet has become a hub for cybercrime. Criminals use the dark web as a platform to sell malicious malware, ransomware, exploits and even stolen credentials. There has been a surge of criminals trafficking consumer data obtained through illegal practices. If you’ve fallen victim to a breach or phishing attack, there is a possibility that your information is available on the dark web.

Last year, personal data from national credit bureau, Equifax, was stolen from approximately 143 million consumers, compromising anything from addresses to social security numbers, driver’s licenses and credit card numbers. This means 143 consumers could run into serious complications down the road if their information was purchased on the Dark Web. Such a trove of Personal Identify Information can be valued in the millions and a successful fraud using someone’s private information from the Dark Web can lose the victim sums in the millions.

Perhaps more concerning, individuals can recruit hacking services. The common phrase “Hacking for Hire” is part of the well-known lingo in the dark web. Cybercriminals can now hunt down and hire hackers to craft and execute dangerous cybercrimes for them. Consequently, unskilled criminals now have access to sophisticated tools and have skilled hackers at their disposal: while hacking for hire is one example of how the dark web can affect cyber security, there are countless other ways this platform has created new threats.

Criminal activity within the dark web is constantly being monitored by cybersecurity professionals and global law enforcement. Though this portion of the cyber realm is difficult to regulate, surfing the dark web does not guarantee you are out of the law’s reach.  With the recent shutdown of the two biggest marketplaces found on the dark web, AlphaBay and Hansa, a spotlight has been cast on the subject.

It is important to recognize the security risks the dark web poses on the general public. With emerging threats and risks taking shape, organizations must start proactively managing their cybersecurity rather than maintaining a reactive approach. The dark web is now the unsettling reality for all internet users.

As long as the Dark Web exists, there will always the possibility of cybercrime or stolen information being sold through that channel. So what can businesses do starting today to protect themselves? Business leaders and IT decision-makers can start with a basic cybersecurity risk assessment checklist:

Understand your current infrastructure – Know the crown jewels and risk of your infrastructure, as well as its access points. Be mindful of what kind of information is stored in your system … and how much. Whether it’s an enterprise or SMB, any infrastructure that handles financial information such as credit card numbers can also be at risk.

Assume that you’ve might have already been breached – The Dark Web market can sell existing infections inside your organization to cyber criminals for monetary gain.  Examine internal traffic within your company for lateral moving infections and segment your network. Even the adware inside your network can download a payload as a service offer and start ransoming your network.

Think beyond hackers as threats – Keep in mind that inadvertent compromises can come from within the company. Details such as human error, faulty backups and encryption, as well social engineering are often overlooked when trying to protect the infrastructure. But these details can be just as dangerous as hackers themselves.

Examine the landscape – It’s crucial to check on the security of governing factors such as user authentication and provisioning, administrator access, infrastructure data protection and continuity of operations. All it takes is one vulnerability among these details that result in something more catastrophic. 

It’s important for businesses to educate themselves when it comes to the dark web and the multiple harms it can bring to a company. With deep knowledge about the dark web – as well as your company’s own infrastructure – businesses can be better equipped to deploy the best cybersecurity solutions possible, not just to detect an attack, but to prevent one as well.

About the Author: Gad Naveh is the Advanced Threat Prevention Evangelist at Check Point. 




Edited by Mandi Nowitz


SHARE THIS ARTICLE
Related Articles

Coding and Invention Made Fun

By: Special Guest    10/12/2018

SAM is a series of kits that integrates hardware and software with the Internet. Combining wireless building blocks composed of sensors and actors con…

Read More

Facebook Marketplace Now Leverages AI

By: Paula Bernier    10/3/2018

Artificial intelligence is changing the way businesses interact with customers. Facebook's announcement this week is just another example of how this …

Read More

Oct. 17 Webinar to Address Apache Spark Benefits, Tools

By: Paula Bernier    10/2/2018

In the upcoming webinar "Apache Spark: The New Enterprise Backbone for ETL, Batch and Real-time Streaming," industry experts will offer details on clo…

Read More

It's Black and White: Cybercriminals Are Spending 10x More Than Enterprises to Control, Disrupt and Steal

By: Cynthia S. Artin    9/26/2018

In a stunning new report by Carbon Black, "Hacking, Escalating Attacks and The Role of Threat Hunting" the company revealed that 92% of UK companies s…

Read More

6 Challenges of 5G, and the 9 Pillars of Assurance Strategy

By: Special Guest    9/17/2018

To make 5G possible, everything will change. The 5G network will involve new antennas and chipsets, new architectures, new KPIs, new vendors, cloud di…

Read More