cybercrime

The recent sentencing of the ringleader behind LabHost, a platform enabling widespread phishing attacks, marks a significant victory in the fight against cybercrime. The story of this case demonstrates how law enforcement is smartening up. They’re improving their ability to trace and prosecute illegal activities funded by cryptocurrencies, such as...

Zak Coyne wrote the phishing-as-a-service LabHost. He has since received and served a prison sentence of eight-and-a-half years for creating the bait websites, which bilked victims in 91 countries out of their money. Cybercriminals used Coyne’s service to support large-scale phishing campaigns. This criminal scheme caused millions in losses to...

The news is out. Even the US Department of Justice is hitting pause on crypto enforcement for now. While some in the industry might see this as breathing room for innovation, I see something far more sinister: a green light for criminals, especially those operating within the UK. As a...