Group-IB exposes fraud schemes globally and in the MEA

At least 16 countries in the MEA region, including Egypt, Saudi Arabia, and the United Arab Emirates, are being targeted by scammers who are harvesting user personal and payment data via a multistage scam that exploits at least 138 popular brands. Group-IB outlines the MEA countries and the various verticals which were targeted by the scams, alongside the impacts of the ongoing “scamdemic”.

Anatomy of an attack

The latest ransomware, a variant of the Petya family which was first discovered in 2016, struck corporate networks across the …


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