Subj : The FBI has shut down one of the world's biggest cyber fraud plat
To   : All
From : TechnologyDaily
Date : Wed Apr 05 2023 19:30:03

The FBI has shut down one of the world's biggest cyber fraud platforms

Date:
Wed, 05 Apr 2023 18:20:15 +0000

Description:
The FBI, Europol, and multiple national police forces join to take down 
Genesis.Market.

FULL STORY
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Genesis.Market, a major dark web marketplace for stolen personal data, has 
been shut down in a multinational policing operation. 

The homepage of Genesis.Market has been defaced and replaced with the usual 
FBI notice stating This Website Has Been Seized. The notice also shows logos 
of a dozen law enforcement agencies, suggesting that the operation involved 
police forces in multiple countries, including Canada, Sweden, France, 
Germany, and others. Europol also seems to have been involved. 

So far neither the FBI, its parent organization, the Department of Justice, 
nor Europol, has issued an official statement about the seizure, so all of 
the information is coming from various media reports. Cookie Monster 

What we do know is that the takedown operation was named Cookie Monster, 
probably a play on words knowing what kind of information cybercriminals 
shared on Genesis.Market - browser cookies. 

Besides browser cookies, hackers could buy login credentials, and digital 
fingerprints, all of which were obtained illegally via hacks and data 
breaches. 

Genesis.Market was an invitation-only dark web forum that has, according to 
CNN, been active for roughly five years. During that time, it played a key 
role in giving cybercriminals access to hacked computers, which would they 
use to engage in identity theft or ransomware attacks. Read more 

> Police arrest BreachForums owner on cybercrime charges 


 > Stolen Activision data now freely available on hacking forum 


 > These are the best firewalls around 

Hackers could do more than just purchase stolen goods on Genesis.Market. The 
website offered a subscription service that provided updated information on 
individuals being tracked. 

In other words, Genesis customers arent making a one-time buy of stolen 
information of unknown vintage; theyre paying for a de facto subscription to 
the victims information, even if that information changes, cybersecurity 
researchers Sophos explained in a research report published last year. 

The FBI has been busy this year, taking down some of the biggest underground 
forums. Earlier this year, it took down BreachForums, arguably the most 
popular forum for hackers in the world. It also arrested one individual thats 
now accused of operating the website. Here are the best endpoint protection 
services right now 

Via: The Register



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Link to news story:
https://www.techradar.com/news/fbi-shuts-down-one-of-the-worlds-biggest-cyber-
fraud-platforms


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