"Triad Nexus has reinstated its global fraud engine, shifting its focus toward emerging markets while maintaining a persistent threat to Western enterprise assets."
"This provides its scams with the 'appearance of legitimacy', high speed, and professional performance that even tech-savvy Western audiences can't resist."
Triad Nexus operates as a cybercrime network involved in scams, money laundering, and illicit gambling since at least 2020, causing over $200 million in losses. The group, linked to Asian organized crime, has utilized the Funnull CDN for fraud. Following US sanctions on Funnull, Triad Nexus employed infrastructure laundering and front companies to continue operations. Despite sanctions, the group has resumed its fraud activities, targeting emerging markets and leveraging major cloud services to enhance the legitimacy and effectiveness of its scams.
Read at SecurityWeek
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