Milk Dragon is a phishing kit designed to turn an attractive online bargain into a fast-moving payment fraud attempt. The operation, also known as NaiLong, has been active since October 2025 and uses fake retail offers to draw shoppers toward convincing checkout pages. Rather than relying on alarming emails or delivery warnings, the campaign places malicious links in marketplace advertisements and native social media posts. A shopper who clicks a steep discount can be taken to a fraudulent store that asks for card information, personal details, and payment verification. Group-IB researchers identified the activity across 66 countries and found 258 phishing pages since October 2025. Researchers also recorded 36...
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