Savvy Seahorse Using Fake ChatGPT, Facebook Ads in DNS Investment Scam

Infoblox cybersecurity researchers are warning users about a fraudulent scheme launched by a DNS threat actor Savvy Seahorse, which uses Facebook advertisements to trick users into fraudulent investment platforms and transfers deposits to Russian-state-owned banks. California-based IT automation and security company Infoblox has discovered a relatively new DNS threat actor called “Savvy Seahorse.” According to the company’s report, the actor creates fake investment platforms using popular icons like Tesla, Meta, and Imperial Oil and lures unsuspecting users into depositing funds.  Savvy Seahorse prefers using Facebook ads to trick users into trusting fake investment platforms and transfers deposits to Russian-state-owned banks.

Source: HackRead

 


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