Ever wonder how crooks get the credentials to unlock stolen phones?

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A coalition of law-enforcement agencies said it shut down a service that facilitated the unlocking of more than 1.2 million stolen or lost mobile phones so they could be used by someone other than their rightful owner.
The service was part of iServer, a phishing-as-a-service platform that has been operating since 2018. The Argentina-based iServer sold access to a platform that offered a host of phishing-related services through email, texts, and voice calls. One of the specialized services offered was designed to help people in possession of large numbers of stolen or lost mobile devices obtain the credentials needed to bypass protections such as the lost mode for iPhones, which prevent a lost or stolen device from being used without entering its passcode.
iServer's phishing-as-a-service model. (credit: Group-IB)
Catering to low-skilled thieves
An international operation coordinated by Europol’s European Cybercrime Center said it arrested the Argentine national that was behind iServer and identified more than 2,000 “unlockers” who had enrolled in the phishing platform over the years. Investigators ultimately found that the criminal network had been used to unlock more than 1.2 million mobile phones. Officials said they also identified 483,000 phone owners who had received messages phishing for credentials for their lost or stolen devices.Read 7 remaining paragraphs | Comments
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