The Rise of Phishing-as-a-Service: How Cybercriminals are Outsourcing Attacks

Summary: The rise of Phishing-as-a-Service (PhaaS) has democratized access to sophisticated phishing technologies, allowing cybercriminals of varying skill levels to conduct sophisticated attacks with ease. A recent report from Abnormal Security reveals how these platforms provide tools that enable attackers to bypass multi-factor authentication and evade security measures. The competitive nature of the PhaaS market drives continuous innovation, making traditional security defenses less effective.

Affected: Organizations using email for sensitive transactions and authentication

Keypoints :

  • Phishing-as-a-Service platforms offer subscription-based access to pre-built phishing kits and automated tools.
  • Attackers can bypass multi-factor authentication through session hijacking methods, using fake login pages.
  • Dynamic URL generation in PhaaS makes traditional email security defenses ineffective against phishing attacks.

Source: https://securityonline.info/the-rise-of-phishing-as-a-service-how-cybercriminals-are-outsourcing-attacks/