Telegram Emerges as Hub for Cybercrime, Phishing Attacks as Cheap as $230

Cybersecurity experts raise alarms as Telegram becomes a hotspot for cybercrime, fueling the rise of phishing attacks.
In a recent development, cybersecurity researchers shed light on the democratization of the phishing landscape, courtesy of Telegram's burgeoning role in cybercrime activities.
This messaging platform has swiftly transformed into a haven for threat actors, offering an efficient and cost-effective infrastructure for orchestrating large-scale phishing campaigns.
Gone are the days when sophisticated cyber attacks required substantial resources.
Now, malevolent actors can execute mass phishing endeavours for as little as $230, making cybercrime accessible to a wider pool of perpetrators.
The affordability and accessibility of such tactics underscore the urgent need for heightened vigilance in the digital realm.
Recent revelations regarding Telegram's involvement in cybercrime underscore a recurring issue with the platform's lenient content moderation policies.
Experts emphasize that Telegram's history of lax moderation has fostered a breeding ground for various illicit activities, including the distribution of illegal content and cyber attacks.
Criticism has been directed at Telegram in the past for its failure to effectively address issues such as misinformation, hate speech, and extremist content, highlighting concerns about user safety.
With cyber threats evolving and the digital landscape growing more complex, the necessity for stringent moderation measures within platforms like Telegram becomes increasingly urgent.
Balancing user privacy with security poses a significant challenge, given the platform's encryption and privacy features.
As discussions continue, Telegram and similar platforms must prioritize user safety and implement effective moderation strategies to mitigate risks effectively.
In April 2023, Kaspersky revealed that phishers are using Telegram to teach and advertise malicious bots.
Telekopye, helps create fake web pages, emails, and texts for large-scale phishing scams.
Guardio warns that Telegram offers easy access to phishing tools, some even free, facilitating the creation of scam pages.
These kits, along with compromised WordPress sites and backdoor mailers, enable scammers to send convincing emails from legitimate domains, bypassing spam filters.
Researchers stress the dual responsibility of website owners to protect against exploitation for illicit activities.
Telegram offers professionally crafted email templates and bulk datasets for targeted phishing campaigns.
Leads are highly specific, and sourced from cybercrime forums or fake survey sites.
With minimal investment, anyone can launch a significant phishing operation.


This Cyber News was published on www.cysecurity.news. Publication date: Tue, 06 Feb 2024 16:43:05 +0000


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