Description

MagBo, a shadowy online marketplace where hackers sell and buy hacked servers, is doing better than ever and has soared in popularity to become the largest criminal marketplace of its kind since its launch in the summer of 2018.

Two years later, the MagBo portal has grown more than 14 times in size and is currently selling access to more than 43,000 hacked websites, up from the 3,000 sites listed in September 2018.

Today, MagBo has become the de-facto go-to marketplace for many cybercrime operations. Some groups register on the MagBo platform to sell hacked servers, while others are there just to buy.

Those who buy, do it either in bulk (for black-hat SEO or for malware distribution) or selectively, for intrusions at high-value target (e-commerce stores for web skimming, intranets for ransomware).

All in all, the MagBo platform cannot be ignored anymore, as it appears to be here to stay, and is placing itself at the heart of many of today’s cybercrime operations.