FraudWatch, a privately owned Australian company founded in 2003, provides security and investigations services. As of 2023, it employs approximately 50 people. The company's core offering centers on proactively identifying, analyzing, and mitigating online threats to its clients' brands, operating outside the clients' immediate network perimeters. FraudWatch is a subsidiary of Netcraft.
Netcraft identified two phishing campaigns associated with Lighthouse and Lucid Phishing-as-a-Service platforms, resulting in the detection of over 17,500 phishing domains targeting 316 brands across 74 countries. Data indicates a shift in cybercriminal activity away from encrypted messaging platforms like Telegram and back towards traditional email for phishing attacks. FraudWatch's response to cyberattacks includes blocking, disruption, and takedown at scale, with access restriction for billions of people and notifications sent within minutes. One example of a targeted brand is YoungLA, a rapidly expanding e-commerce company experiencing attacks through fake websites and phishing schemes aimed at its customer base.
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