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Fraudsters Tokenize Stolen Cards Into Attacker WalletsGoogle Threat Intelligence Group warned that Chinese-language phishing-as-a-service platforms are using AI, encrypted messaging and real-time OTP interception to bypass multifactor authentication and provision stolen payment cards into attacker-controlled digital wallets worldwide.

Phishing has quietly turned into one of the hardest enterprise threats to expose early. Instead of crude lures and obvious payloads, modern campaigns rely on trusted infrastructure, legitimate-looking authentication flows, and encrypted traffic that conceals malicious behavior from traditional detection layers. For CISOs, the priority is now clear: scale phishing detection in a way that helps