Phishing platform 16shop shut down

A global law enforcement operation led by Interpol has shut down the infamous phishing-as-a-service (PaaS) platform, 16shop, arresting three suspects.

The notorious phishing platform sold phishing kits to malicious hackers wishing to steal victims' money and identities.

According to Interpol, phishing is one of the most prevalent cyber threats in the world, and approximately 90% of data breaches are linked to successful phishing campaigns.

"Cyberattacks such as phishing may be borderless and virtual in nature, but their impact on victims is real and devastating, Bernardo Pillot, Interpol's Assistant Director of Cybercrime Operations, said.

Law enforcement determined that the platform's administrator was based in Indonesia. They arrested a 21-year-old man, seizing electronic items and several luxury vehicles in the process.

Following the arrest, law enforcement identified and arrested two other platform facilitators.

"Phishing isn't a new phenomenon, but when the crime-ware is being offered widely on subscription and to automate phishing campaigns, it enables any person to leverage this type of service to launch a phishing attack with a few clicks," said Brigadier General Adi Vivid Agustiadi Bachtiar, Director of the Indonesian National Police's Cyber Crime Investigation.

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