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image credit: Christiaan Colen / Flickr

How much is the phish? Underground market of phishing kits is booming – Group-IB

April 15, 2020

Group-IB, a Singapore-based cybersecurity company, has found out that phishing kits are the new bestsellers of the underground market, with the number of phishing kit ads on underground forums and their sellers having doubled in 2019 compared to the previous year. The growing demand for phishing kits is also reflected in its price that skyrocketed last year by 149 percent and exceeded $300 per item. Last year, phishing kit creators’ favorite brands were Amazon, Google and Office 365.

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