Lucid Faces Increasing Risks from Phishing-as-a-Service

 

Phishing-as-a-service (PaaS) platforms like Lucid have emerged as significant cyber threats because they are highly sophisticated, have been used in large-scale phishing campaigns in 88 countries, and have been compromised by 169 entities. As part of this platform, sophisticated social engineering tactics are employed to deliver misleading messages to recipients, utilising iMessage (iOS) and RCS (Android) so that they are duped into divulging sensitive data. 
In general, telecom providers can minimize SMS-based phishing, or smishing, by scanning and blocking suspicious messages before they reach their intended recipients. However, with the development of internet-based messaging services such as iMessage (iOS) and RCS (Android), phishing prevention has become increasingly challenging.
There is an end-to-end encryption process used on these platforms, unlike traditional cellular networks, that prevents service providers from being able to detect or filter malicious content. 
Using this encryption, the Lucid PhaaS platform has been delivering phishing links directly to victims, evading detection and allowing for a significant increase in attack effectiveness.
To trick victims into clicking fraudulent links, Lucid orchestrates phishing campaigns designed to mimic urgent messages from trusted organizations such as postal services, tax agencies, and financial institutions. As a result, the victims are tricked into clicking fraudulent links, which redirect them to carefully cra

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