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Researchers Estimate Losses Ranging From Hundreds of Millions to BillionsA Chinese-language phishing-as-a-service platform scammed between $470 million to $1 billion from soccer fans ahead of the 2026 FIFA World Cup starting next month. Domain-by-domain takedowns will not stop this, Group-IB warned.

More from Bank Info Security 30 May 2026, 10:30 a.m. Incident · 2 stories Artificial Intelligence China NIST Phishing Research Scam