Fraud-as-a-Service (FaaS) is a criminal business model where fraudsters provide ready-made tools, infrastructure, and services to other criminals, enabling them to conduct fraud without technical expertise.
Common Services
- Phishing kits
- Malware tools
- Stolen data
- Fraud tutorials
- Infrastructure rental
Service Types
- Identity theft tools
- Payment fraud systems
- Account takeover services
- Data theft platforms
- Scam infrastructure
Distribution Methods
- Dark web markets
- Private forums
- Messaging platforms
- Underground networks
- Criminal communities
Prevention Methods
- Threat monitoring
- Service disruption
- Network security
- Intelligence gathering
- Law enforcement
Best Practices
- Regular monitoring
- Security updates
- Threat intelligence
- Incident response
- Staff training
FaaS significantly lowers barriers to entry for cybercrime and fraud.