Inside Crypter-as-a-Service: An Ecosystem Analysis of the exploit.in Underground Forum Research Talks (opens in new tab)

Crypter-as-a-Service (CraaS) has become a key enabling layer of the contemporary malware economy by providing on-demand evasion capabilities through underground service markets. In this paper, we present a longitudinal characterization of the CraaS ecosystem on exploit.in, a major Russian-language cybercrime forum with a presence on both the clear web and the dark web. From a collection of approximately 1,000,000 posts, we combine keyword filt...