Scaling the Fraud Economy: Pig Butchering as a Service
ID: 6f48b355-32ce-59bf-8f4c-cecdc23d01de
STIX ID: report--6f48b355-32ce-59bf-8f4c-cecdc23d01de
Feed Name: Infoblox Blog
**Executive summary:** This report analyzes the rise of pig butchering-as-a-service (PBaaS) providers in Southeast Asia, profiling actors such as Penguin (selling stolen PII, social accounts, SIMs, SCRM tools and laundering/payment services) and UWORK (CRM/platform templates used to run fake investment sites), documents how these commoditized services enable large-scale romance and investment fraud (including a CRM linked to a US indictment for >US$13M), and recommends focusing disruption on service providers, financial enablers, and DNS/infrastructure to curb the epidemic.
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