PODCAST: A tour of the dark reaches of the Darknet

By Byron V. Acohido

The Darknet is a vast part of the internet where most ordinary citizens will never tread. Google, Bing and GoDuckGo do not keep track of anything in the Darknet. Its web locations can only be reached if you’re versed in using nonstandard communications protocols.

With this in mind, I attended a talk by Andrew Lewman, chief revenue officer of Farsight Security at the RSA2017 in San Francisco. The title of his talk: “Tracking Darknet: A Window into Attackers’ Motives, Methods and Targets.” A few eye-opening takeaways:

• Follow the money. The Darknet is where the cyber underground convenes. Network breaches now cause a phenomenal $600 billion in damages annually, a level of crime intensifying at a rate that will drive corporate losses to $2.5 trillion by 2020, according to British consultancy Juniper Research. The Darknet functions as the commons where all of the intricate horse trading underlying the complex, amazingly efficient cyber crime economy takes place.

• It takes a village. Want to hack a high visibility target? Head to the Darknet forums. It won’t take you long to find parties knowledgeable about the systems your target uses, and, more importantly, the unpatched vulnerabilities therein waiting to be exploited. You can then shop for malware that will get you inside, and help you stealthily copy and exfiltrate entire databases. Now you need to market what you stole. One tried and true way is to post a sample of the stolen data on a Darknet location monitored by hacktivists and reporters. Voila, your breach hits the headlines. Expect purchase queries to follow via the forums.

• Cashing in. Bitcoin is the Darknet’s virtual currency of choice. But it’s hard to pay the mortgage or buy a Tesla  with Bitcoin. What’s more, U.S. and European anti-laundering laws can snare you at legitimate exchanges. Luckily, on the Darknet faked passports are readily available, Bitcoins accepted for payment. It’s simple to set up an alter ego, with a passport of good enough quality to be used as accepted ID at online currency exchanges.

Another fascinating theme Lewman spoke about was why organizations should consider assigning someone to gain a working knowledge of the Darknet. Self-education is straight forward with lots of tutorial material available online.

Why would a company do this? The same reason law enforcement does it: to understand and monitor deal making and the movement of stolen data and criminal payoffs. From a company’s standpoint, it’s possible to monitor Darknet forums to see if your company’s name appears in a way that should send up a red flag. And if your company gets breached or sustains a ransomware hit, following the bread crumb trail of the attacks can be acutely valuable.

How so? Give a listen to the accompanying podcast with Lewman, and his research assistant, Sarah Cortes, for more insight.


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