Criminal Subscription Service Behind AI-Powered Cyber-Attacks Taken Out By Microsoft
RedVDS cyber-crime-as-a-service platform powering phishing, BEC attacks and other fraud has cost victims millions
Phishing uses deceptive messages to steal credentials or deliver malware, while user verification, MFA, and email filtering reduce the risk.
Search across headline titles and summaries.
Background for this topic.
Phishing is deceptive communication—by email, text, phone, or a fake website—that impersonates a trusted person or service to make someone disclose credentials, approve a transaction, reveal sensitive information, or run harmful software. Attackers use it to bypass technical controls by persuading a legitimate user to perform an action, and may target employees, customers, administrators, or suppliers.
Its impact can include account takeover, unauthorized payments, exposure of personal or business data, and access to internal systems. The most effective control for stolen-password phishing is phishing-resistant multi-factor authentication, such as hardware-backed passkeys or security keys, which binds authentication to the legitimate site. Organizations should also filter and authenticate messaging where possible, use password managers, restrict risky actions, train users to verify unusual requests through a separate channel, and provide rapid reporting so suspected credentials or sessions can be revoked.
RedVDS cyber-crime-as-a-service platform powering phishing, BEC attacks and other fraud has cost victims millions
Phishing attacks have been identified using fake PayPal alerts to exploit remote monitoring and management tools
Cybersecurity researchers issue warning over a surge in attacks designed to trick Facebook users into handing over login credentials
“Pervasive” threat of phishing, invoice scams and other cyber-enabled fraud is at “record highs”, warns WEF Cybersecurity Outlook 2026