Popular ‘As-a-Service’ Operations Have Earned Cybercriminals over $64m

In 2019, cybersecurity firm Group-IB exposed a Russia-based scam-as-a-service operation. This scheme, initially known as Classiscam, employed counterfeit classified advertisements and social engineering tactics to deceive individuals into purchasing non-existent products or services. Victims were manipulated into transferring money directly to the malicious actors or to their bank cards. Over the course of four years, […]

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