Data leak marketplaces aim to take over the extortion economy

guest · Jun 22, 2021

Data leak marketplace pressures victims by emailing competitors
June 21, 2021
https://www.bleepingcomputer.com/ne...ce-pressures-victims-by-emailing-competitors/

The Marketo data theft marketplace is applying maximum pressure on victims by emailing their competitors and offering sample packs of the stolen data.

Last month, BleepingComputer reported that cybercriminals started to create dedicated data-theft extortion marketplaces that exist solely to sell stolen data.
The stolen data is sold for as low as $100 to tens of thousands of dollars depending on the marketplace.
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Under pressure
One of these marketplaces, known as Marketo, is now taking it a step further and emailing the victim's competitors to offer samples of the stolen data and entice them into purchasing it.

After we assume they could not find any buyers, Marketo started emailing the communication managers for the victim's competitors to offer a "demo pack" of the stolen data.

"Hello, we are Marketo and we know you have a competitor - Komatsu. So we would like to inform you that we attacked them and downloaded quite a bit of data," read the email shared with BleepingComputer.
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It is not clear if Marketo were hoping competitors would purchase the data to learn corporate secrets or to pay to damage the reputation of their competitors.
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Data leak marketplaces aim to take over the extortion economy

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