Welcome “Frappo”: Resecurity Discovered a New Phishing-as-a-Service

The Resecurity HUNTER squad discovered “Frappo,” a new underground service available on the Dark Web. “Frappo” is a Phishing-as-a-Service platform that allows fraudsters to host and develop high-quality phishing websites that imitate significant online banking, e-commerce, prominent stores, and online services in order to steal client information. 

Cybercriminals created the platform in order to use spam campaigns to spread professional phishing information. “Frappo” is widely advertised on the Dark Web and on Telegram, where it has a group of over 1,965 members where hackers discuss their success in targeting users of various online sites. The service first appeared on the Dark Web on March 22, 2021, and has been substantially updated. The most recent version of the service was registered on May 1, 2022. 

“Frappo” allows attackers to operate with stolen material in an anonymous and encrypted manner. It offers anonymous billing, technical assistance, upgrades, and a dashboard for tracking acquired credentials. “Frappo” was created as an anonymous cryptocurrency wallet based on a Metamask fork. It is totally anonymous and does not require a threat actor to create an account. 

Amazon, Uber, Netflix, Bank of Montreal (BMO), Royal Bank of Canada (RBC), CIBC, TD Bank, Desjardins, Wells Fargo, Citizens, Citi, and Bank of America are among the fina

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