Scam-as-a-Service operation made more than $6.5 million in 2020

A newly uncovered Russian-based cybercrime operation has helped classified ads scammers steal more than $6.5 million from buyers across the US, Europe, and former Soviet states. In a report published today, cyber-security firm Group-IB has delved into this operation, which the company has described as a Scam-as-a-Service and codenamed Classiscam.

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