Notorious Global Phishing Platform Neutralized in Cross-Border Operation

There were arrests made of two alleged operators of the phishing-as-a-service platform “16shop” by INTERPOL in Indonesia and Japan after the agency carried out a successful investigation into the scheme, which was outsourced. 

A research project that investigated cyber threats in the ten-nation Association of Southeast Asian Nations (ASEAN) bloc revealed on Tuesday that 16shop, which the international police co-operation organization described as a vendor of “phishing kits” sold to cyber criminals, was able to detect its existence as part of the research project investigating cyber threats in the bloc. 

To defraud Internet users with email scams, the PaaS platform in use sells phishing kits to hackers to use to defraud them by sending an email with a pdf or a link that redirects the victim to a website that asks them for various personal information such as their credit card number. After these details have been stolen, they are used to steal money from victims by stealing their personal information. 

Known as phishing, this form of cyberattack is committed by impersonating a legitimate entity through a form of communication such as email, a phone call, or a text message, with the intent of obtaining sensitive information from the victim. Several cyber threats are prevalent around the world, including phishing. Up to 90 per cent of data breaches are thought to

[…]
Content was cut in order to protect the source.Please visit the source for the rest of the article.