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Researchers Uncover Service Providers Fueling Industrial-Scale Pig Butchering Fraud



January 12, 2026 at 01:04PM

Cybersecurity researchers have shed light on two service providers that supply online criminal networks with the necessary tools and infrastructure to fuel the pig butchering-as-a-service (PBaaS) economy. At least since 2016, Chinese-speaking criminal groups have erected industrial-scale scam centers across Southeast Asia, creating special economic zones that are devoted to fraudulent investment

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