STYX MarketPlace: A New Darknet-Platform for Financial Fraud and Laundering Discovered by Resecurity Experts
A new darknet-platform for e-commerce specializing in financial fraud and laundering, called STYX MarketPlace, has been discovered by Resecurity experts.
The trading platform was launched in early 2023 to provide cybercriminals with a range of services, including stolen financial data, information on credit cards, fake documents, money laundering services, network intelligence of goals, SIM cards, ddos services, and bypassing authentication through 2fa/SMS.
Upon registration and gaining access to the platform, new users are presented with a wide selection of services to choose from, and the “Reliable Sellers” section allegedly features checked sellers, according to the STYX administrators. However, some service descriptions are limited, and the platform connects participants through Telegram and various bots for security.
After several months of operation, STYX has gained the trust of a significant number of cybercriminals, highlighting the alarming growth of services focused on financial fraud and the need for enhanced security measures in the financial industry.
A Resecurity investigation revealed that virtual credit cards (VCCs) and NFC trading terminals opened by fraud are some of the main trends for withdrawing cybercrime. The experts found 100 mules accounts on the STYX site.
The discovery of STYX MarketPlace emphasizes the importance of cybersecurity for the financial sector. Financial organizations must actively protect their networks and customer data from cyberattacks. Cyber protection involves implementing reliable security measures, regularly monitoring network activity, and investing in training for cybersecurity officers.