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Vietnam-based cybercrime markets enable account sign-ups at scale

ID: 93666048-ff6d-5111-92d8-84cc3f93713a

STIX ID: report--93666048-ff6d-5111-92d8-84cc3f93713a

Feed Name: Okta Threat Intelligence

Threat Score
72/100

Date Published: 2026-02-28

Date Updated: 2026-08-05

Author: Mathew Woodyard, Angelos K. Marnerides, Michael Photiades, Jeremy Kirk

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### Executive summary: The report describes a thriving open-market trade in fraudulent social media and email accounts and supporting services (web shops, phone farms, residential proxies, anti-detect browsers) run by organized criminal networks—primarily in Southeast Asia—that enable large-scale scams (including "pig butchering" romance/investment fraud), facilitate phishing and account abuse, and have been linked to prolific vendors such as Storm 1152 which sold hundreds of millions of fraudulent Outlook/Hotmail accounts.

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