A GLOBAL leader in cybersecurity recently shared its analysis of the landscape of the most widespread cyber threat in the world: scams.
Accounting for 57 percent of all financially motivated cybercrime, the scam industry is becoming more structured and involves more and more parties divided into hierarchical groups. The number of such groups jumped to a record high of 390, which is 3.5 times more than last year, when the maximum number of active groups was close to 110. Due to SaaS (Scam-as-a-Service) in 2021, the number of cybercriminals in one scam gang increased 10 times compared to 2020 and now reaches 100.
A study by the Group-IB Digital Risk Protection team shows that in the Asia Pacific region, Instagram is the scammers’ favorite platform. CONTRIBUTED IMAGE
Traffic has become the circulatory system of scam projects according to cybersecurity experts at Group-IB. Their researchers emphasized that the number of websites used for purchasing and providing “gray” and illegal traffic and that lured victims into fraudulent schemes has increased by 1.5 times. Scammers are going into 2022 to a new level of scam attack automation: no more non-targeted users….
