"Moroccan Cyber Gang Exploits Gift Cards, Steals $100K Daily"

TL;DR Summary
A Moroccan cybercrime group, Storm-0539, is stealing up to $100,000 daily through sophisticated email and SMS phishing attacks targeting gift card portals of large retailers and luxury brands. The group, active since late 2021, uses advanced tactics to gain access to corporate systems, create fraudulent gift cards, and sell them online. Microsoft and the FBI have issued warnings and advisories to combat these threats, urging companies to enhance their security measures.
- Moroccan Cybercrime Group Steals Up to $100K Daily Through Gift Card Fraud The Hacker News
- Cyber Signals: Inside the growing risk of gift card fraud Microsoft
- New Gift Card Scam Targets Retailers, Not Buyers, to Print Endless $$ Dark Reading
- US retailers under attack by gift card-thieving cyber gang Help Net Security
- Moroccan cybercrime group impersonates nonprofits and abuses cloud services to rake in gift card cash CyberScoop
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