Sabotage-as-a-Service is a novel form of cyber threat where bad actors disrupt businesses by creating fake scams that appear legitimate. These scams result in negative public relations crises, customer losses, and a surge of complaints. Scammers impersonate companies, gaining trust through the use of logos and tones, before presenting false offers. As customers invest based on false pretenses, companies face reputational damage and financial repercussions. This phenomenon, once largely tied to crypto, is expanding into multiple industries, targeting startups, especially post-launch or significant events.
'Sabotage-as-a-Service is a stealthy attack aimed at businesses, leading to sudden flood of scam reports, unexplained customer losses or damaging PR crises.'
'Scammers build emotional trust with victims over time, convincing them to invest in fake opportunities, leading to financial losses reaching over $75 million globally.'
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