Officers from Britain's National Crime Agency arrest a suspect during Tuesday's raids in GrimsbyOne of the world's biggest criminal marketplaces used by online fraudsters to buy passwords has been closed down in a global law enforcement crackdown.
Law enforcement agencies from 17 countries were involved in the raids, which began at dawn on Tuesday. The operation was led by the FBI in the US and the Dutch National Police, working alongside the NCA in the UK, the Australian Federal Police, and countries across Europe.On Wednesday, anyone logging onto the Genesis website saw a message which read: "Operation Cookie Monster. This website has been seized.
This allowed fraudsters to log in to bank, email and shopping accounts, re-direct deliveries and even change passwords without raising suspicion. "So you didn't need to be a sophisticated cyber actor to get into this. You just needed to be able to use a search engine, and then you could start committing crime."
Businesses also had their information sold on the website, which facilitated fraud, mobile phone number hacking and ransomware attacks. Many victims would first know something was wrong when they saw fraudulent transactions on their account, or if they were lucky, they got a message saying someone had logged in as them.
Gap in the market
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Stolen credential warehouse Genesis Market seized by FBINotorious stolen credential warehouse Genesis Market seized by FBI
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