Fraud marketplaces fragment after major platform closures
Fraud marketplaces online have become more fragmented after well-known platforms were shut down, according to a Rapid7 report. Smaller specialized sites are now supplying services to fraudsters, including stolen account access, fake identity tools, and money laundering support. The MITRE organization recently introduced a new framework to help organizations strengthen anti-fraud defenses, highlighting the growing urgency as financial damages from fraud rise.
- Well-known fraud marketplaces have been dismantled
- Smaller shops now cater to fraudsters' needs
- Services sold include stolen accounts and identity tools
- MITRE introduced a new anti-fraud framework
- Fraud damages are expected to reach hundreds of billions USD
Sources covering this
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