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The Ecosystem of Phishing: From Minnows to Marlins

ID: 0874b53c-f0f2-53c8-b86c-e1760c17c88b

STIX ID: report--0874b53c-f0f2-53c8-b86c-e1760c17c88b

Feed Name: ReliaQuest Blog

Threat Score
20/100

Date Published: 2020-02-20

Date Updated: 2026-04-29

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This Photon/ReliaQuest research piece provides an operational overview of phishing: its origins, commercial ecosystem (templates, kits, PHaaS), distribution channels (compromised mail servers, public providers, botnets, mailing lists), common payloads (credential harvesters, information-stealers, botnet recruiters), examples of relevant malware (TrickBot, FormBook, Mirai/Satori variants), and mitigation recommendations (SPF/DMARC/DKIM, MFA, monitoring typo-squatted domains, employee training).

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