Group-IB presented the findings of its research into various scam schemes at the Digital Risk Summit 2022 online conference, which was divided into analytical and technology-related streams.

According to Group-Digital IB’s Risk Protection team, a single scam network’s potential victim pool is estimated to be around 10 million people, with potential harm totaling around $80 million every month.

The researchers on the Unit 42 threat intelligence team at Palo Alto Networks are closely tracking a plethora of COVID-19-themed cyber-attacks that have emerged around the world over the past few months. Since the beginning of this year, we’ve identified more than 40,000 newly registered websites, using a coronavirus-related name, which we’d classify as “high-risk” sites due to the scams and malware being pushed onto unsuspecting consumers.