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Nine-Year Fraud Campaign Clones Russian Company Sites to Steal Advance Payments

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Nine-Year Fraud Campaign Clones Russian Company Sites to Steal Advance Payments

Researchers documented a nine-year fraud campaign in which attackers created cloned websites of major Russian companies, primarily in fertilizer and petrochemical sectors, to deceive international firms into sending advance payments to fraudulent accounts.

Why it matters: International businesses conducting trade with Russian suppliers face financial loss and supply chain disruption; practitioners should implement domain verification and payment verification protocols for international transactions.

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