#crimeware-as-a-service

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#redvds #rdp-abuse #financial-fraud #pig-butchering #pbaas #human-trafficking #money-laundering
Information security
fromThe Hacker News
2 days ago

Microsoft Legal Action Disrupts RedVDS Cybercrime Infrastructure Used for Online Fraud

Microsoft and law enforcement dismantled RedVDS, a subscription service providing disposable RDPs that enabled roughly $40 million in reported fraud losses.
fromThe Hacker News
5 days ago

Researchers Uncover Service Providers Fueling Industrial-Scale Pig Butchering Fraud

At least since 2016, Chinese-speaking criminal groups have erected industrial-scale scam centers across Southeast Asia, creating special economic zones that are devoted to fraudulent investment and impersonation operations. These compounds are host to thousands of people who are lured with the promise of high-paying jobs, only to have their passports and be forced to conduct scams under the threat of violence. INTERPOL has characterized these networks as human trafficking-fuelled fraud on an industrial scale.
Information security
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