Fake landing page used by Russian-language cybercriminals to collect victims personal and financial data (Source: Group-IB)
A Russian-speaking scam-as-a-service operation dubbed Classiscam is expanding globally, with 40 interconnected gangs in about a dozen countries using fake product advertisements to launch phishing schemes, the security firm Group-IB reports.
The fraudsters are posting fake online classified advertisements for products to dupe interested buyers into visiting phishing pages, where their personal and payment data is harvested, according to Group-IB.
Although the operation started in Russia two years ago, by early 2020, it had expanded to include 40 subgroups that have focused on targets in the U.S. and Europe, the new research report says.