Infostealers on the Rise: Cybercrime’s Not-So-Funny Business Booming in 2024

Infostealers have become a major initial access vector in cybercrime, with over 330 million compromised credentials found last year. Despite international efforts to disrupt infostealer operations, a rise in activity is expected due to the malware-as-a-service model. The State of Cybercrime 2024 report highlights this growing threat.

Hot Take:

Hold onto your passwords, folks! Infostealers are the Houdinis of the cyber world, slipping through cracks and making off with your digital gold faster than you can say “abracadabra.” But don’t worry, international cyber cops are hot on their trail, ready to pull a rabbit out of their hat and make cybercrime disappear… or at least try to!

Key Points:

  • Infostealers compromised over 330 million credentials linked to 4.3 million machines.
  • Famous breaches via infostealers include attacks on Snowflake, Ticketmaster, and AT&T.
  • The top infostealer strains (Lumma, StealC, RedLine) account for over 75% of infections.
  • International agencies are actively disrupting infostealer operations.
  • Expect a rise in infostealer and ransomware activity due to the malware-as-a-service model.

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