FBI Warns of Cybercriminals Abusing Search Ads To Promote Phishing Sites

The Federal Bureau of Investigation says that cybercrime gangs are using search results and search engine ads to lure victims on phishing sites for financial institutions in order to collect their login credentials. From a report: 'The schemes resulted in illicit ACH transfers amounting to hundreds of thousands of dollars in financial losses,' the FBI said in a private industry notification (PIN) send to the US private sector on Tuesday. The PIN alert, which The Record cannot share due to TLP sharing restrictions, describes a particular phishing campaign mimicking the brand of an unnamed US-based financial institution. 'The cyber actors conducted two versions of the scheme,' the FBI said. In the first version, the threat actor used search engine ads, while in the second version, they relied on the phishing site appearing in organic search results on its own.

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