"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. The law enforcement operation against LabHost began in 2022 when the Met received information about it from the Cyber Defence Alliance. It then collaborated with law enforcement in 19 countries and private sector cybersecurity partners such as Trend Micro to help disrupt the platform. This article continues to discuss the LabHost PhaaS platform and the effort to take it down. 

Infosecurity Magazine reports "UK Police Lead Disruption of £1m Phishing-as-a-Service Site LabHost"

Submitted by grigby1