PanamaTimes

Saturday, Sep 07, 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

PanamaTimes
0:00
0:00
Close
BRAZIL’S SUPREME COURT MINISTER ORDERS EXPLANATION ON X BLOCKING
Porn streamer OnlyFans paid owner $630mn in dividends
Donald Trump will not face sentencing over his 'hush money' conviction before the US presidential election on November 5, after a Manhattan judge granted his request to delay the proceeding
Return of Brazilian Artworks to Bahia
France Pilots Mobile Phone Ban in Schools
WHO-Led Study Finds No Link Between Mobile Phones and Brain Cancer
Kamala Harris is in Detroit and has a new accent again
EU Rejects Maduro’s Election Win Claim in Venezuela
Former Red Brigades Member Arrested in Argentina After 40 Years on Run
Elon Musk Accuses Brazilian Supreme Court Justice of Election Interference
Universe May Have Had a Pre-Big Bang 'Secret Life'
Ecuador's Narco Violence Threatens Scientists and Conservation Efforts
Brazilian Judge Alexandre de Moraes Blocks Elon Musk's X
Nаkеd American woman gropes security
Tsimane Tribe: Secrets to Health and Slow Ageing
OpenAI Blocks Iranian Group's ChatGPT Accounts for Election Interference
WHO Declares Mpox Global Health Emergency Again
Decline in World Records at Paris Olympics: An Analysis
EU Pressures Elon Musk Over Trump Interview
UN Reports Lowest Global Youth Unemployment Rate in 15 Years
Fatal Plane Crash Near Sao Paulo
Snoop Dogg: The Feel-Good Spirit of the Paris Olympics
McDonald's Worker Sets Restaurant On Fire Over Customer Frustration
Kamala Harris Confirmed as Democratic Candidate for US Presidential Election
Controversies at the Paris Olympics
Elon Musk Accepts Fight Challenge from Venezuelan President Nicolas Maduro
First Case of 'Virgin Birth' in Endangered Shark Species in Italy
G20 Fails to Reach Agreement on Global Billionaire Tax
Mexican Drug Lords El Mayo and El Chapo's Son Arrested in Texas
World's Hottest Day Recorded on July 21
Joe Biden Withdraws from 2024 US Presidential Race
A Week of Turmoil: Key Moments in US Politics
Global IT Outage Sparks Major Concerns
Global IT Outage Unveils Digital Vulnerabilities
Secret Service Criticized for Lack of Sniper Protection During Trump Shooting
Colombian Court Annuls Amazon Tribes’ Carbon Credit Deal
Sunita Williams Safe on ISS, to Address Earth on July 10
Biden Affirms Commitment To Presidential Race
Boeing Pleads Guilty Over 737 MAX Crashes
Beryl Storm Hits Texas, Killing 2 and Causing Major Power Outages
2024 Predicted to Be World's Hottest Year
Macron Faces New Political Challenges Despite Election Relief
Florida Man Arrested Over Attempt to Withdraw One Cent
Anger mounts at Biden’s top team after disastrous debate
Bolivian President Luis Arce Denies 'Self-Coup' Allegations
Steve Bannon Begins 4-Month Prison Sentence
Biden Warns of 'Dangerous Precedent' After Supreme Court Immunity Ruling in Trump Case
Elon Musk Accuses Kamala Harris of Misleading Post on Trump's Abortion Stance
Hunter Biden Sues Fox News Over 'Revenge Porn' Allegations
New York Times Editorial Board Urges Biden to Exit Presidential Race
×