FBI dismantles AI-driven phishing network using a million links

[Dave1]

https://www.bleepingcomputer.com/news/security/fbi-disrupts-massive-ai-powered-phishing-service-using-a-million-urls/

In a coordinated effort, the FBI, working with Google and Black Lotus Labs, has dismantled a massive Chinese phishing-as-a-service operation called Outsider Enterprise with thousands of phishing websites used to steal credit card data and passwords.

The agency also seized around $100,000 USDT from Outsider payment wallets. Thousands of phishing domains that the threat actor registered at U.S. providers are now redirecting to an FBI splash page.

So another cyber criminal group has been taken down by the FBI, this time it was Chinese base called Outsider Enterprise. And it's a huge ring, as they estimated to caused $1.9 billion in losses.

And probably that huge amount involved causes them to work in coordination to stop them from victimizing more. Also showing that everyone is really a target now, from credit cards to crypto owners.

[coupable]

I know that It's hard to teach it to everyone, but the advice remains the same; do never click a link in an email service that you didn't required or call a phone number. If such a service is supposedly contacting you, try to connect to it via normal methods you used to and ask if they have really sent you that email. With current AI models, anyone can ask an AI to send dozens of custom messages automatically in a particular service name that was first asked to access via users gmail.

[Z-tight]

That is one less scam ring out there, i know there are thousands more, but any one taken down is a success, so yeah. A lot of users in this forum are very smart when it comes to spoting scams and avoiding it, but we would be shocked at how easily so many people out there are vulnerable to scams like this, even the 'cheapest' kind.

$1.9B in losses is huge, if correct, and that goes to show the reach this syndicate had. Too bad authorities were only able to confiscate a 'meagre' $100k from this operation.

[alani123]

Worldwide crime networks still operate with USDT.
It's so crazy to me that a fully centralised and seizable coin is the go to for criminals.

They don't give a rip about it being both not private and also centralised.
They could have been using Monero or BTC but for some reason noooo it's always tether.

And tether on the other hand, doesn't seem to care all that much.

100k seized out of billions is also very miniscule. These criminals are probably going to continue if the operation was so profitable.

[Z-tight]

Worldwide crime networks still operate with USDT.
It's so crazy to me that a fully centralised and seizable coin is the go to for criminals.

So many of these criminals are not very knowledgeable about cryptocurrency, so a lot of them wouldn't know that usdt can be confiscated, even when you store it in your own wallet. So many people see BTC and believe every crypto is like BTC: decentralized, censorship resistant, etc, but they cannot be more wrong.

And tether on the other hand, doesn't seem to care all that much.

I would never support the ability to confiscate peoples coins. However, if there was enough evidence linking the funds to criminal proceeds, Tether may have confiscated it.

[Dave1]

That is one less scam ring out there, i know there are thousands more, but any one taken down is a success, so yeah. A lot of users in this forum are very smart when it comes to spoting scams and avoiding it, but we would be shocked at how easily so many people out there are vulnerable to scams like this, even the 'cheapest' kind.

Yes, one less ring but there could be another group of individuals who might think of establishing a new group to take over just like in a drug empire. Hopefully though, there will also be thousands of people that might have read it and so they are aware of the modus and not to fall and become the next victim.

$1.9B in losses is huge, if correct, and that goes to show the reach this syndicate had. Too bad authorities were only able to confiscate a 'meagre' $100k from this operation.

I'm thinking that they might just confiscated just $100k in the beginning, but they are going to go down deep in the rabbit's hole to find more money that this crime group might be hiding in crypto.

[beryybe]

It is crazy to see how massive these operations have become. 1.9 billion dollars in estimated losses is an insane number. The fact that they were using AI-driven tools to manage a million phishing links shows that hackers are evolving way faster than standard security protocols. Kudos to the FBI and Google for this takedown. But as long as phishing-as-a-service remains so profitable, another group will fill the void soon. Stay vigilant and always double-check the URLs, guys!

[YOSHIE]

So another cyber criminal group has been taken down by the FBI, this time it was Chinese base called Outsider Enterprise. And it's a huge ring, as they estimated to caused $1.9 billion in losses.

This is interesting news, I am happy that the FBI has succeeded in dismantling and arresting a cybercriminal group operating in the field of Phishing networks, indeed there have been quite a lot of Phishing links recently, It is possible that there are countless millions of victims of fraudulent acts and actions committed by them.

In short, all of us here need to be vigilant and careful about using Al as confidential or personal information, even though the FBI has caught several online criminals, therapy does not rule out the possibility that other cybercriminal groups that have not been caught are still carrying out their actions on the internet.