The Cybercrime Shift: From Opportunistic Attacks to Marketplace-Driven Ecosystem

The Cybercrime Shift: From Opportunistic Attacks to Marketplace-Driven Ecosystem

In this episode of the Microsoft Threat Intelligence Podcast, host⁠ ⁠⁠Sherrod DeGrippo speaks with Maurice Mason and Jackie Burns-Koven to explore how cybercrime has shifted into a highly organized, marketplace-driven ecosystem. They break down the growing convergence between criminal networks and nation-state actors, highlighting how shared tools, infrastructure, and cryptocurrency have blurred traditional boundaries. The conversation dives into the rise of as-a-service cybercrime models, where access, malware, and infrastructure can be easily bought and sold, lowering barriers to entry and increasing attack volume. They also examine how blockchain intelligence is becoming a critical tool for tracking illicit activity, improving attribution, and disrupting operations. In this episode you’ll learn: How cybercrime has evolved into a scalable, marketplace-driven ecosystem Why initial access brokers are lowering the barrier to entry for attackers How proactive disruption and collaboration can reduce ransomware impact and payments Some questions we ask: What role does crypto intelligence play in prevention and detection? Why are threat actors shifting to alternative cryptocurrencies? How can defenders better protect themselves against these threats? Resources: View Maurice Mason on LinkedIn View Jackie Burns-Koven on LinkedIn View Sherrod DeGrippo on LinkedIn Related Microsoft Podcasts: Afternoon Cyber Tea with Ann Johnson The BlueHat Podcast Uncovering Hidden Risks Discover and follow other Microsoft podcasts at microsoft.com/podcasts Get the latest threat intelligence insights and guidance at Microsoft Security Insider The Microsoft Threat Intelligence Podcast is produced by Microsoft, Hangar Studios and distributed as part of N2K media network.

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Inside this year’s Microsoft Digital Defense Report

Inside this year’s Microsoft Digital Defense Report

In this episode, host Elliot Volkman is joined by Chloe Messdaghi and Karen Frost for a behind-the-scenes look at Microsoft’s annual Digital Defense Report (MDDR). They explore how AI is reshaping the...

7 Okt 36min

From Identity Compromise to AI Defense: Inside Modern Incident Response

From Identity Compromise to AI Defense: Inside Modern Incident Response

This week we are taking you back to Black Hat USA 2026 and exploring two sides of the security landscape. First, Microsoft incident response experts Adrian Hill and Terry Mee break down identity-bas...

30 Sep 50min

Why Threat Actors Love Your RMM

Why Threat Actors Love Your RMM

In this episode of the Microsoft Threat Intelligence Podcast, recorded live at Black Hat, Microsoft Threat Intelligence Director Elliot Volkman is joined by Andrew “Spike” Brandt, Principal Threat Int...

9 Sep 28min

JADEPUFFER: An End-to-End Agentic-Led Ransomware Attack

JADEPUFFER: An End-to-End Agentic-Led Ransomware Attack

In this episode of the Microsoft Threat Intelligence Podcast, we are joined by Sysdig’s Michael Clark and Crystal Morin to discuss JADEPUFFER, one of the first documented cases of an LLM conducting an...

26 Aug 31min

Shifts We Are Seeing Across Social Engineering, Post-Disruption Impact Report

Shifts We Are Seeing Across Social Engineering, Post-Disruption Impact Report

In this episode of the Microsoft Threat Intelligence Podcast, Microsoft Threat Intelligence Director⁠ Elliot Volkman is joined by Microsoft Principal Threat Intelligence Analyst Crane Hassold to explo...

12 Aug 24min

A Farewell from Sherrod: New Season Coming Soon

A Farewell from Sherrod: New Season Coming Soon

As we close out season three of the podcast, Sherrod offers her farewell message as she takes on a new threat intelligence leadership role outside of Microsoft. Our executive producer also joins to br...

29 Juli 8min

Behind the Book: Threat-Driven Software Development

Behind the Book: Threat-Driven Software Development

In this episode of the Microsoft Threat Intelligence Podcast, host⁠ ⁠⁠Sherrod DeGrippo is joined by co-authors Michael Howard, Lee Holmes, and Shawn Hernan for a discussion on their new book, Threat-D...

15 Juli 59min

Casey Ellis on How AI Is Reshaping Vulnerability Research and Patching

Casey Ellis on How AI Is Reshaping Vulnerability Research and Patching

In this episode of the Microsoft Threat Intelligence Podcast, host⁠ ⁠⁠Sherrod DeGrippo sits down with Casey Ellis, founder of Bugcrowd and co-founder of disclose.io, to explore how AI is reshaping vul...

1 Juli 1h 3min

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