"UK Police Lead Disruption of £1m Phishing-as-a-Service Site LabHost"
"UK Police Lead Disruption of £1m Phishing-as-a-Service Site LabHost"
UK police infiltrated and disrupted the "LabHost" Phishing-as-a-Service (PhaaS) operation that made cybercriminals more than £1 million ($1.3 million) from thousands of targets. Europol described LabHost as one of the largest PhaaS platforms, providing fraudsters the tools to conduct sophisticated phishing and smishing (SMS phishing) campaigns. According to London's Metropolitan Police, which led the law enforcement operation against the PhaaS platform, LabHost hosted up to 40,000 phishing sites by 2024, with 2,000 criminals paying a monthly subscription fee.