Cybersecurity

Criminals Sell Hacker Toolkits for Bank of America on Dark Web, Study Finds

  • Hackers seen marketing bespoke attacks on specific companies
  • Report suggests corporate spying more prevalent than thought
The scale of data breaches has grown in recent years as criminal hacking groups become increasingly adept at penetrating corporate networks and harvesting vast amounts of information.

Photographer: Daniel Acker/Bloomberg

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Organized crime groups are selling access to the computer networks of financial firms like Bank of America Corp. and hacking tools targeting these companies, according to a British researcher who posed as a buyer on several dark web marketplaces.

While engaging criminal groups on the dark web in conversations over several months, Michael McGuire, a criminology professor at the University of Surrey, and his team discovered tools for sale to steal login credentials of many businesses, including those of Bank of America customers. They also found what sellers claimed to be the passwords and PINs of Qatar National Bank customers for sale.