Thank you for posting John Rouffas. LabHost amassed 480,000 debit or credit card numbers, 64,000 pin numbers and made £1m from membership fees alone…

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Thank you for posting John Rouffas.

LabHost amassed 480,000 debit or credit card numbers, 64,000 pin numbers and made £1m from membership fees alone from 2,000 people, which were up to £300 a month for membership, to be paid in cryptocurrency. It advertised itself as a “one-stop-shop for phishing”.

We take a generation educated in technology, digital and social media and we pit them against a generation that don’t understand technology, digital and social media.

The business model is proven.

The site goes down, arrests are made, lessons will be learnt, a new site will pop up.

To quote a friend of mine @Thaddeus Dziekanowski ‘What could possible go wrong.’

Brian D. McCarthy

Veritas GRC

#cybersecurity #cyberriskmanagement #cyberattack #cybercrime #fraud

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