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Security leaders react to LabHost fraud website disruption

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TLDR:

  • LabHost, a fraud website, was disrupted by international investigations.
  • At least 40,000 phishing domains and 10,000 users globally were associated with LabHost.

LabHost, a notable phishing-as-a-service platform, was disrupted by international investigations. LabHost is considered one of the world’s largest fraud websites, offering phishing kits, hosting page infrastructure, campaign overview services and functionality for interacting with targets. Now, the website has been seized and shut down. The investigation has uncovered at least 40,000 phishing domains associated with LabHost and around 10,000 users globally. Security leaders weighed in on the disruption of LabHost:

Dr. Martin J. Kraemer, Security Awareness Advocate at KnowBe4:

Dr. Kraemer emphasized the importance of addressing cybercrime and the need for law enforcement to reduce the accessibility and attractiveness of online fraud schemes. He commended the efforts of international collaborations in taking down cybercrime groups.

Malachi Walker, Security Advisor at DomainTools:

Walker discussed the impact of the LabHost takedown on malicious actors targeting the finance sector and highlighted the importance of vigilance and best practices in organizations to protect against cyber threats.

Dr. Ilia Kolochenko, CEO at ImmuniWeb:

Dr. Kolochenko raised concerns about the profitability of modern cybercrime and the recruitment of IT and cybersecurity students by cyber gangs. He emphasized the importance of educational and awareness campaigns to prevent cybercrime.


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