Telegram marketplaces and cybercrime

Cyber-criminals are working together more than ever to disrupt businesses across the globe.

Cybersecurity researchers are calling attention to the “democratization” of the phishing ecosystem owing to the emergence of Telegram as an epicenter for cybercrime, enabling threat actors to mount a mass attack for as little as $230.

“This messaging app has transformed into a bustling hub where seasoned cybercriminals and newcomers alike exchange illicit tools and insights creating a dark and well-oiled supply chain of tools and victims’ data,” Guardio Labs researchers Oleg Zaytsev and Nati Tal said in a new report.

“Free samples, tutorials, kits, even hackers-for-hire – everything needed to construct a complete end-to-end malicious campaign.” The company also described Telegram as a “scammers paradise” and a “breeding ground for modern phishing operations.”

This is not the first time the popular messaging platform has come under the radar for facilitating malicious activities, which are in part driven by its lenient moderation efforts.

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