"Phishing Kit Prices Skyrocketed in 2019 by 149%"

Group-IB's analysis of advertisements posted on known cybercrime markets and hacking forums revealed a rise in the average price of a phishing kit. The average price for a phishing kit had risen from $122 in 2018 to $304 in 2019 despite the increase in the number of kit sellers and advertisements for phishing kits. Based on the identification and monitoring of 16,200 phishing kits, Group-IB found that most of them targeted login pages for Amazon, Google, Instagram, Office 365, and PayPal. Targets such as Amazon, PayPal, Google, and Office 365 often lead to fraudulent transactions and the infiltration of corporate networks. One of the reasons why phishing kits are getting more expensive is that it is becoming increasingly difficult to hack browsers. Therefore, more hackers are turning to email-based attacks to compromise organizations. This article continues to discuss the increased prices of phishing kits sold on the cybercrime underground, the contributing factors to this rise in prices, and which companies are often targeted with these types of kits. 

ZDNet reports "Phishing Kit Prices Skyrocketed in 2019 by 149%"