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Group-IB assisted Paxful, an international peer-to-peer cryptocurrency marketplace, in countering web-bot and socialengineering attacks. They are a big headache for eCommerce businesses today, with cybercriminals using them to steal money, brute-force user credentials or carry out DDoS attacks.
Resecurity has uncovered a cybercriminal faction known as “ GXC Team “, who specializes in crafting tools for online banking theft, ecommerce deception, and internet scams. Utilizing AI-driven bots for advanced socialengineering techniques. Decision-making and automation of cybercriminal operations.
One method is to directly purchase cryptocurrency or gift cards through websites using stolen credit card information, which is popular for U.S. Another method is to purchase products on an eCommerce site using stolen credit card information and have a domestic collaborator receive the products.
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