Chinese phishing gangs grow into a force to be reckoned with

Chinese-language phishing-as-a-service (PhaaS) communities are expanding in an area historically dominated by Russian-speaking cybercriminal groups. The Google Threat Intelligence Group (GTIG) analyzed a dozen active PhaaS offerings operating in Chinese-language underground communities and found mature services, with several likely linked to broader criminal activity in the region. Nearly all legitimate organizations mimicked by these phishing services were non-Chinese entities, suggesting that activity rarely targets China itself. Researchers noted that Telegram serves as a common channel … More →

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