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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 · 5d agoPhishing & fraud

Smishing Hackers Can Watch Every Keystroke as Victims Enter Card Details and OTPs

Group-IB details the JWR smishing kit, used by the Outsider cluster, that streams keystrokes and OTPs to fraudsters in real time via WebSocket.

Group-IB linked the JWR phishing kit to an operator cluster it tracks as Outsider within the broader Smishing Triad ecosystem. Fake toll, parcel, and delivery messages lead to live phishing pages that capture card numbers, passwords, and one-time passcodes before victims submit forms. The kit supports up to 32 guided pages, AES-256-CTR wrapped traffic with keys embedded per message, rotating short links and domains, and WordPress or Shopify integration markers, enabling account takeover and unauthorized payments.

Cyber Security News · 22h agoPhishing & fraud in the wild 2 sources

HBO Max Reddit account compromised to serve ClickFix attacks

Attackers hijacked HBO Max's verified Reddit account to run 108 ClickFix malvertising ads delivering infostealers, loaders, and crypto clippers to Windows and macOS users.

Attackers compromised the verified HBO Max Reddit account (u/hbomax) to push 108 malicious ads in a 48-hour malvertising blitz named PasteSwitch, analyzed by Hudson Rock and ADAMnetworks. The ClickFix lures directed victims to fake landing pages instructing them to paste commands into Terminal, delivering OS-targeted infostealers, malware loaders, and cryptocurrency clippers. Lures included 46 HBO Max ads, 36 fake OpenAI Codex ads, 15 fake macOS disk utilities, and 11 developer-tool ads. The AnimateClipper and ZigClipper payloads use Binance Smart Chain contracts as resilient C2 fallback, with 36 mainnet changes observed between March and July 2026; Reddit paused the ads three days after discovery and is investigating.

The Register · Securityupdated · 2d agofirst · 2d agoPhishing & fraud in the wild 7 sources

Think twice before installing this device promising free movies

Free movie-streaming devices quietly enroll home internet connections into residential proxy networks, exposing owners to third-party traffic and abuse risk.

Ars Technica warns that devices promising free movies in exchange for installation route users' home internet connections into residential proxy networks. The user's IP address then carries third-party traffic, potentially including malicious activity, creating legal, reputation, and detection risks for the household. The report urges caution before accepting 'free' hardware or software that monetizes your bandwidth.

Ars Technica · Security · 16d agoPhishing & fraud