Last year may have been mostly about ransomware, but it’s difficult to forget the billion or so passwords that were spilled in high-profile breaches and credential leaks.
Google and researchers from the University of California Berkeley attempted to ease some of that pain, and teamed up to analyze how cybercriminals operating underground markets for stolen credentials steal, use and monetize this data.
Looking at black market activity from March 2016 to March 2017 and its impact on exclusively Google accounts, the researchers said they wanted to know how the multitude of keyloggers, phishing kits and available data from publicly known breaches for sale can be turned around to learn valid email credentials and in turn control over a user’s online identity.
The news isn’t good.
In a paper presented at the recent Conference on Computer and Communications Security, Google said that between 7 percent and 25 percent of exposed passwords matched a victim’s Google account. Overall, Google and UC Berkeley estimates there are 1.9 billion usernames and passwords cultivated from breaches that are being traded on the black market. Tack on to that another 12.4 million victims of phishing kits and another 788,000 victims of commercial keyloggers and the climate is dire.
“We observe a remarkable lack of external pressure on bad actors, with phishing kit playbooks and keylogger capabilities remaining largely unchanged since the mid-2000s,” the researchers wrote.
Of the black markets tracked in this research, Google said there are 25,000 tools for phishing and keyloggers at attackers’ disposal. Even though attackers are failing to access Google accounts three out of four times, it’s not for a lack of effort.
“Because a password alone is rarely sufficient for gaining access to a Google account, increasingly sophisticated attackers also try to collect sensitive data that we may request when verifying an account holder’s identity,” Google said in a blog post accompanying the report. “We found 82 percent of blackhat phishing tools and 74 percent of keyloggers attempted to collect a user’s IP address and location, while another 18 percent of tools collected phone numbers and device make and model.
“By ranking the relative risk to users, we found that phishing posed the greatest threat, followed by keyloggers, and finally third-party breaches,” Google said.
Phishing remains one of the most successful phenomena in security, despite more than a decade of education and examples of successful attacks based on the technique.
“Hijackers also have varying success at emulating the historical login behavior and device profile of targeted accounts. We find victims of phishing are 400x more likely to be successfully hijacked compared to a random Google user,” the researchers wrote. “In comparison, this rate falls to 10x for data breach victims and roughly 40x for keylogger victims. This discrepancy results from phishing kits actively stealing risk profile information to impersonate a victim, with 83 percent of phishing kits collecting geolocations, 18 percent phone numbers, and 16 percent User-Agent data.”
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