TechDigits

Tech news
Thursday, May 23, 2024

"One Of World's Largest" Cybercrime Markets For Stolen Identities Busted

"One Of World's Largest" Cybercrime Markets For Stolen Identities Busted

The global sweep targeting the Genesis Market resulted in 119 arrests, involved 17 countries and was led by the FBI and Dutch police, the EU's policing agency said.
International police have shut down what they called "one of the world's largest" online markets dealing in millions of stolen identities and account details, Europol said on Wednesday.

The global sweep targeting the Genesis Market resulted in 119 arrests, involved 17 countries and was led by the FBI and Dutch police, the EU's policing agency said.

The operation was dubbed "Operation Cookie Monster".

"An unprecedented law enforcement operation involving 17 countries has resulted in the takedown of Genesis Market, one of the most dangerous marketplaces selling stolen account credentials to hackers worldwide," Europol said.

"Genesis Market listed for sale the identities of over two million people when it was shut down," the Hague-based agency said.

Action against criminals took place in countries including Australia, Britain, Canada, the United States and more than 10 countries in Europe.

"Through the combined efforts of all the law enforcement authorities involved, we have severely disrupted the criminal cyber ecosystem by removing one of its key enablers," said Edvardas Sileris, who heads Europol's European Cybercrime Centre, which assisted in the operation.

The EU's judicial agency, Eurojust, which is also based in The Hague said it was a "multi-country effort dubbed Operation Cookie Monster".

"Genesis Market customers were located all over the world and actively purchasing stolen packages of victim data until this takedown," it said.

'Invitation only'

Britain's National Crime Agency said 24 people were arrested in Britain. Another 17 people were arrested in The Netherlands.

Europol said the Genesis Market offered "bots" for sale that had infected victims' devices through malware or other methods.

"Upon purchase of such a bot, criminals would get access to all the data harvested by it such as fingerprints, cookies, saved logins and autofill form data," it said.

The information was collected in real time so buyers would be notified of any change of passwords.

Unlike so-called "dark web" services, Genesis was available on the open web "although obscured from law enforcement behind an invitation-only veil", the agency said.

"Its accessibility and cheap prices greatly lowered the barrier of entry for buyers, making it a popular resource among hackers."

The closure of the Genesis Market comes after a number of cyber crackdowns involving Europol.

In April 2022 it said international investigators had shut down "Raidforums", a massive online forum that sold access to hacked databases stolen from US corporations.

In 2021 it announced the disrupting of the "world's most dangerous" cybercrime malware tool used to break into computer systems, called EMOTET.
Newsletter

Related Articles

TechDigits
0:00
0:00
Close
FTX's Bankman-Fried headed for jail after judge revokes bail
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
Today Hunter Biden’s best friend and business associate, Devon Archer, testified that Joe Biden met in Georgetown with Russian Moscow Mayor's Wife Yelena Baturina who later paid Hunter Biden $3.5 million in so called “consulting fees”
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Musk announces Twitter name and logo change to X.com
The future of sports
TikTok Takes On Spotify And Apple, Launches Own Music Service
Hacktivist Collective Anonymous Launches 'Project Disclosure' to Unearth Information on UFOs and ETIs
Typo sends millions of US military emails to Russian ally Mali
Server Arrested For Theft After Refusing To Pay A Table's $100 Restaurant Bill When They Dined & Dashed
Democracy not: EU's Digital Commissioner Considers Shutting Down Social Media Platforms Amid Social Unrest
Sarah Silverman and Renowned Authors Lodge Copyright Infringement Case Against OpenAI and Meta
Why Do Tech Executives Support Kennedy Jr.?
The New York Times Announces Closure of its Sports Section in Favor of The Athletic
Florida Attorney General requests Meta CEO's testimony on company's platforms' alleged facilitation of illicit activities
The Poor Man With Money, Mark Zuckerberg, Unveils Twitter Replica with Heavy-Handed Censorship: A New Low in Innovation?
The Double-Edged Sword of AI: AI is linked to layoffs in industry that created it
US Sanctions on China's Chip Industry Backfire, Prompting Self-Inflicted Blowback
Meta Copy Twitter with New App, Threads
BlackRock Bitcoin ETF Application Refiled, Naming Coinbase as ‘Surveillance-Sharing’ Partner
UK Crypto and Stablecoin Regulations Become Law as Royal Assent is Granted
A Delaware city wants to let businesses vote in its elections
Alef Aeronautics Achieves Historic Milestone with Flight Certification for World's First Flying Car
Google Blocked Access to Canadian News in Response to New Legislation
French Politicians Advocate for Pan-European Regulation on Social Media Influencers
Melinda French Gates Advocates for Increased Female Representation in AI to Prevent Bias
Snapchat+ gains 4 million paying subscribers in its first year
Apple Makes History as the First Public Company Valued at $3 Trillion
Elon Musk Implements Twitter Limits to Tackle Data Scraping, but Faces Criticism for Technical Misunderstanding
EU and UK's Slow Electric Vehicle Adoption Raises Questions About the Transition to Green Mobility
Top Companies Express Concerns Over Europe's Proposed AI Law, Citing Competitiveness and Investment Risks
Meta Unveils Insights on AI Usage in Facebook and Instagram, Amid Growing Calls for Transparency
Crypto Scams Against Seniors Soar by 78% in 2022, Experts Urge Vigilance
The End of an Era: National Geographic Dismisses Last of Its Staff Writers
Shield Your Wallet: The Perils of Wireless Credit Card Theft
Harvard Scientist Who Studies Honesty Accused Of Data Fraud, Put On Leave
Putting an End to the Subscription Snare: The Battle Against Unwitting Commitments
The Legal Perils of AI: Lawyer Faces Sanctions for Relying on Fictional Cases Generated by Chatbot
ChatGPT’s "Grandma Exploit": Ingenious Hack Exposes Loophole in AI, Generates Free Software Codes
The Disney Downturn: A Near Billion-Dollar Box Office Blow for the House of Mouse
A Digital Showdown: Canada Challenges Tech Giants with The Online News Act, Meta Strikes Back
Distress in the Depths: Submersible and Passengers Missing in Titanic Wreckage Expedition
Mark Zuckerberg stealing another idea: Twitter
European Union's AI Regulations Risk Self-Sabotage, Cautions smart and brave Venture Capitalist Joe Lonsdale
Nvidia GPUs are so hard to get that rich venture capitalists are buying them for the startups they invest in
Chinese car exports surge
Reddit Blackout: Thousands of Communities Protest "Ludicrous" Pricing Changes
Nvidia Joins Tech Giants as First Chipmaker to Reach $1 Trillion Valuation
AI ‘extinction’ should be same priority as nuclear war – experts
×