Stolen financial data sold on Telegram

2 January 2022

Cybercriminals use Telegram as a medium to sell financial details because it has a wider reach, has around 500 million users, easy to create channels, provides end to end encryption and only blocks extremist content. A report published by cybersecurity experts at Cybersixgill shows that there is a drop in sales when compared to 2020 and 2021but they say it’s not the end and it remains a stable issue.

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