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In a coordinated effort, the FBI, working with Google and Black Lotus Labs, has dismantled a massive Chinese phishing-as-a-service operation called Outsider Enterprise with thousands of phishing websites used to steal credit card data and passwords. [...]

The U.S. Federal Bureau of Investigation (FBI) has warned that cybercriminals are impersonating financial institutions with an aim to steal money or sensitive information to facilitate account takeover (ATO) fraud schemes