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3 stories in the last 30d

The Fraud Ecosystem: A Transition From Known Marketplaces to a Fragmented Environment

Rapid7 analyzes how fraud marketplaces are fragmenting into specialized shops after larger marketplaces were dismantled, aided by new MITRE F3 framework

Rapid7 reports a shift from large known fraud marketplaces to a fragmented environment of smaller specialized storefronts such as Xleet, Blackpass, Infodig, and Styx, operating across dark web channels, Telegram, and P2P options. These Fraud-as-a-Service shops sell stolen accounts, PII, synthetic identity generation, infrastructure, and money laundering support, supporting schemes like business email compromise. MITRE's Fraud Fighting Framework (F3), introduced in early 2026, aims to help security teams prioritize monitoring of fraud TTPs, particularly account takeover techniques. Fraud damages are anticipated to approach hundreds of billions of USD.

Rapid7 Blog · 6d agoPhishing & fraud

Phishing Powers 80% of Attacks on US Companies: How SOCs Can Detect It Early

Phishing drives 80% of attacks on US companies; FBI recorded 158,436 BEC victims and over $20B in losses from 2013-2023.

A vendor-authored analysis claims phishing powers roughly 80% of attacks on US companies, citing FBI statistics of 158,436 business email compromise victims and more than $20 billion in reported losses between 2013 and 2023. It describes modern phishing using compromised infrastructure, redirect chains, dynamic pages, and adversary-in-the-middle techniques, including a recent campaign targeting tens of thousands of primarily US users. The piece promotes ANY.RUN Threat Intelligence Feeds and TI Reports, claiming 99% unique high-confidence IOCs, 21-minute faster MTTR, and 30% fewer Tier 2 escalations.

Cyber Security News · 8d agoPhishing & fraud

Phishing 3.0: The Fight Moves to Agent Versus Agent

Agentic AI transforms phishing economics, enabling personalized multi-channel attacks with deepfakes like the $25M Arup deepfake heist.

The article argues phishing has evolved through three stages: from malicious content, to intent-based BEC, to AI-powered multi-channel campaigns where attacker agents autonomously conduct reconnaissance and generate tailored lures. The widely reported Arup case saw a deepfake video call impersonating colleagues convince an employee to approve transfers worth roughly $25 million. An Osterman Research study of 128 security leaders found 88% experienced trust-undermining incidents, while Microsoft 365 EOP and Google Workspace were measured missing hundreds of phishing messages per 100 mailboxes monthly. The author argues defenders must adopt their own agents to match attacker speed.

The Hacker News · 29d agoPhishing & fraud2