The Phishing-as-a-Service Pipeline: How a Scalable Fraud Ecosystem Is Driving Global Attacks
ID: c2cd7284-41fd-58c3-9a9b-247bd72f9754
STIX ID: report--c2cd7284-41fd-58c3-9a9b-247bd72f9754
Feed Name: Security Boulevard
Threat Score
This report describes the maturation of phishing into a service-based, industrial ecosystem (PhaaS) where specialized actors provide modular tooling—reverse-proxy AiTM kits for MFA bypass, SMS gateway/smishing services, credential exfiltration to Telegram, and monetization pipelines for account takeover and laundering—enabling low-skill actors to scale large, high-fidelity phishing campaigns despite law enforcement takedowns.
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