FBI seizes cybercrime marketplace Genesis Market

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Authorities believe the forum, which has been likened to a subscription service for hacked data, operated out of Russia

Genesis Market, which experts say amounted to a subscription service for hacked data, was shuttered Tuesday by the FBI — its website plastered over with a notice that states the seizure had been ordered by a federal court in the Eastern District of Wisconsin.

The marketplace did not offer only passwords, but rather programs that continued to update a users’ personal information as it changed on their devices, amounting to a “de facto subscription to the victim’s information,” the cybersecurity firm SophosSince its inception in March 2018, Genesis Market has offered access to data stolen from more than 1.5 million computers worldwide, containing over 80 million account access credentials, according to the U.S. Justice Department.

 

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Cybercrime marketplace Genesis Market shut by FBI, international law enforcementThe takedown, dubbed Operation Cookie Monster, targeted an online marketplace that allowed criminals to impersonate consumers online. 👍🏽
Source: CNBC - 🏆 12. / 72 Read more »