Selling something online? Watch out for this clever new scam - Digital Trends
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The threat actors initially contact the seller of an item on these classified sites to mention they want to buy it, after which an URL of the phishing site is sent.
It primarily attempts to focus on users of classified sites, but its efforts also extend to banks, cryptocurrency exchanges, delivery companies, and moving companies to name a few.
Phishing sites that imitate Singaporean classifieds sites are created and spread via Telegram, which is becoming an increasingly popular platform for hackers, drug dealers, and cybercriminals in general.
In order to promote its services and for operational purposes, Classicscam is spread through Telegram channels — there’s said to be around 90 active rooms at the moment.
Although Group-IB has tracked down and blocked 5,000 malicious endpoints over the last three years, that hasn’t negatively affected Classicscam’s activity.
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