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Outsider provided phishing kits and infrastructure for cybercriminals to scam victims with lures claiming they missed packages, had unpaid tolls or parking violations. The post FBI takes down massive China-based cybercrime network that caused $1.9B in losses appeared first on CyberScoop.

Complaint Says Service Generated More Than 1.5 Million Malicious URLsGoogle has sued a Chinese phishing-as-a-service provider accused of teaching customers to use Gemini to generate and customize scam websites, a campaign linked to more than 1.59 million phishing URLs, over 100,000 victims, and widespread credential and financial theft.

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.

Also, Eurail Breach, ChipSoft Hospital Disruptions, W3LL Phishing TakedownThis week, a "Raccoon"-linked actor hit help desks, Eurail exposed 308K users, Fortinet patched critical flaws, Pushpaganda scams, major data leaks hit healthcare and China, ransomware and phishing ops surged, and multiple breaches impacted firms and hospitals.

Most of this week’s threats didn’t rely on new tricks. They relied on familiar systems behaving exactly as designed, just in the wrong hands. Ordinary files, routine services, and trusted workflows were enough to open doors without forcing them

Bank Info Security 5 months, 3 weeks ago

$12B Scam Market Tudou Guarantee Shuts Down

Telegram-Based Marketplace Closes After Prince Group Founder's ArrestTelegram marketplace Tudou Guarantee, which processed over $12 billion in fraud transactions, has ceased operations following the arrest of Prince Group chairman Chen Zhi, who was extradited to China in January. Elliptic said it was the third-largest illicit marketplace of all time.

Krebs on Security 7 months, 1 week ago

SMS Phishers Pivot to Points, Taxes, Fake Retailers

China-based phishing groups blamed for non-stop scam SMS messages about a supposed wayward package or unpaid toll fee are promoting a new offering, just in time for the holiday shopping season: Phishing kits for mass-creating fake but convincing e-commerce websites that convert customer payment card data into mobile wallets from Apple and Google. Experts say these same phishing groups also are now using SMS lures that promise unclaimed tax refunds and mobile rewards points.

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