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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.
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Recorded Future Launches Digital Risk Protection, Unifying Brand and Identity Monitoring
Recorded Future launched Digital Risk Protection, unifying brand and identity monitoring across five external threat surfaces in one workflow.
Recorded Future announced Digital Risk Protection, combining brand threat monitoring and identity exposure monitoring across five use cases: malicious site, impersonation, code repository, dark web brand, and identity exposure monitoring. The platform includes an AI Triage Agent that automates alert evaluation with explicit verdicts and context, expanding social media analysis, OCR, full Telegram coverage, and infostealer log ingestion. Gartner's 2026 Magic Quadrant folded digital risk protection into cyber threat intelligence technologies, and the launch cites $15.9 billion in 2025 US fraud/scam losses, up 28% year over year.
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