A new automated scam-as-a-service has been unearthed, which leverages Telegram bots in order to steal money and payment data from European victims. The scam, which researchers call Classiscam, is being sold as a service by Russian-speaking cybercriminals, and has been used by at least 40 separate cybergangs – which altogether made at least $6.5 million using the service in 2020.

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