Webwyrm Scam Unleashes Worldwide Havoc: Over $100 Million Extorted
Elaborate Spoofing Campaign Targeting Thousands of Victims
In a startling revelation, a far-reaching spoofing campaign known as Webwyrm has come to light, having already extorted more than $100 million from its victims. Researchers from cybersecurity firm CloudSEK have uncovered this elaborate scheme, which involves the impersonation of more than a thousand companies, impacting over 100,000 individuals in over 50 countries.
The threat actors orchestrating this campaign have showcased their high level of skill by creating over 6,000 counterfeit websites that impersonate well-known brands. Furthermore, they have deployed hundreds of WhatsApp and Telegram handles to ensnare unsuspecting victims.