One of the world’s biggest criminal marketplaces, Genesis Market, used by online fraudsters to buy passwords has been closed in a global law enforcement crackdown. Genesis Market sold login details, IP addresses and other data that made up victims’ “digital fingerprints.” Since its inception in March 2018, Genesis Market has offered access to data stolen from over 1.5 million compromised computers around the world containing over 80 million “fingerprints.” But thanks to the leadership of the FBIT, on the morning of March 27, 2023, anyone who logged on to the the Genesis website saw a message which read: “Operation Cookie Monster. This website has been seized.”
Genesis Market operated on the open web, not just the dark web. It was a one-stop shop for login data that enabled online fraud. This “digital fingerprint” that was up for sale allowed fraudsters to log in to bank, email and shopping accounts, re-direct deliveries and even change passwords without raising suspicion. Criminals buying the information were even notified by Genesis if the passwords changed. Genesis provided its customers with a purpose-built browser which would use the stolen data to mimic the victim’s computer, so that access did not trigger any security alerts. While Genesis users were mostly accessing it for fraud, the data on sale could also be used for ransomware attacks – where hackers block access to data and demand payment to release it.
Cybercrime is a global thief. Genesis Market users were located all over the world. 200 searches were carried out and 120 people were arrested. Therefore, law enforcement agencies all over the world were part of the coordinated raids and they all deserve a shout out.
Today’s Fraud Of The Day is based on article “’Operation Cookie Monster’: FBI seizes popular cybercrime forum used for large-scale identity theft” published by KOAM News on April 4, 2023
The FBI and European law enforcement agencies have arrested more than 100 people as part of a global crackdown on a cybercrime forum that facilitated large-scale identity theft, officials said Wednesday.
The operation targeted Genesis Market, an invitation-only crime forum that for the last five years, according to the US Justice Department, has offered data stolen from more than 1.5 million computers around the world containing login details for more than 80 million user accounts.
