Global Police Crack Down on Cyber Fraud Network Defrauding Thousands

Law enforcement officials in 19 countries have shut down LabHost, an online platform that sold phishing kits to cybercriminals, resulting in 37 arrests and the seizure of significant amounts of stolen data. The platform had 2,000 users paying a monthly subscription of $249, and had obtained 480,000 bank card numbers, 64,000 pin numbers, and over 1 million passwords. Europol coordinated the international police action, leading to the uncovering of at least 40,000 phishing domains and the arrest of four individuals linked to the operation.