Spoofing services website causing worldwide loss has been taken down

In an internationally coordinated action led by the UK and supported by Europol and Eurojust, 142 suspects have been arrested for allegedly running a website that offered spoofing services. These services allowed cybercriminals to impersonate trusted corporations such as banks, retail companies, and government institutions and then access sensitive information. Evidence shows that the estimated worldwide loss has been more than EUR 115 million. National authorities from the EU, Australia, and Canada supported the investigation. At the same time, Europol’s European Cybercrime Centre (EC3) provided a secure platform and was thus able to identify additional users of spoofing services.