Executive Summary In 2023, a host of indications suggested that the payment fraud underground has recovered from the system shocks that occurred in 2022 following Russian law enforcement’s crackdown against domestic cybercriminals and the full-scale Russian invasion of Ukraine that followed. The volume of cards posted for sale on dark web carding shops has recovered; […]
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11/22/2023 Executive Summary As Black Friday approaches and the holiday shopping season begins, scammers are likely to intensify their operations, as indicated by a 22% increase in consumer scam losses during 2022 Black Friday and Cyber Monday sales. Insikt Group analyzed recent high-impact scam website campaigns to identify 3 key themes in how scammers operate […]
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Executive Summary “Joker DPR” is a pro-Russian hacktivist threat group that has risen to prominence during Russia’s ongoing invasion of Ukraine. The group is well-known for its historical and current Telegram channels, which it has used to disseminate sensitive information and spread pro-Russian, anti-Ukrainian propaganda. To date, Joker DPR’s most significant claim has been an […]
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Executive Summary Cybercriminals devise and execute various workarounds to legalize their illicit income. After international sanctions were leveled against Russia in the wake of Russia’s full-scale invasion of Ukraine, ordinary Russian consumers have likely resorted to similar workarounds to obtain goods produced abroad. Recorded Future has identified prepaid cryptocurrency virtual credit cards and mail forwarding […]
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Executive Summary Tax season began on January 23, 2023, and with it came the return of tax refund fraud. Recently, the threat group “Infinity Hackers BY” claimed to have conducted a successful cyberattack against the IRS. Whether or not the attack actually occurred, the threat group’s claim highlights the threat posed by tax refund fraud, […]
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Executive Summary A Nigerian prince needs your help. Or a coworker texts you, urgently demanding that you send gift cards. Words like “fraud” and “phishing” often evoke simple scams that only fool the foolish. In reality, threat actors develop refined tactics, techniques, and procedures (TTPs) to target users who believe themselves too clever to be […]
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