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

1 min read
Source: The Hacker News
"Moroccan Cyber Gang Exploits Gift Cards, Steals $100K Daily"
Photo: The Hacker News
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.

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