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Telegram is a hotspot for the sale of stolen financial accounts

Cybersixgill published a report based on data they collected throughout 2021. The report shows that the sale of financial accounts on Telegram channels has decreased in volume. Researchers say the reason behind the decline is the reduction of newly-issued credit cards during the pandemic. Paypal accounts the most bartered item on these channels is PayPal, followed by Chase and Western Union. Cyber-criminals also offer money transfer services right on Telegram, helping actors obfuscate the origin of the stolen funds.”]

Source: https://www.bleepingcomputer.com/news/security/telegram-is-a-hotspot-for-the-sale-of-stolen-financial-accounts/

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