BaitTrap: Over 17,000 Fake News Websites Caught Fueling Investment Fraud Globally The Hacker [email protected] (The Hacker News)

July 8, 2025

A newly released report by cybersecurity firm CTM360 reveals a large-scale scam operation utilizing fake news websites—known as Baiting News Sites (BNS)—to deceive users into online investment fraud across 50 countries.
These BNS pages are made to look like real news outlets: CNN, BBC, CNBC, or regional media. They publish fake stories that feature public figures, central banks, or A newly released report by cybersecurity firm CTM360 reveals a large-scale scam operation utilizing fake news websites—known as Baiting News Sites (BNS)—to deceive users into online investment fraud across 50 countries.
These BNS pages are made to look like real news outlets: CNN, BBC, CNBC, or regional media. They publish fake stories that feature public figures, central banks, or 

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Tech Jacks
Derrick Jackson is a IT Security Professional with over 10 years of experience in Cybersecurity, Risk, & Compliance and over 15 Years of Experience in Enterprise Information Technology

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