An illicit online marketplace where users sold stolen passwords, bank account information and other sensitive data was shut down by US, UK, Dutch and other law enforcement agencies.
Authorities on Tuesday seized the site, known as Genesis Market, as part of an effort dubbed “Operation Cookie Monster.” The site began in 2018 and has offered access to data stolen from more than 1.5 million compromised computers, amounting to more than 80 million credentials that could be used to access accounts, according to the Department of Justice. Law enforcement arrested 119 people in connection with the site, according to the European police agency Europol.
The official also said the overall financial losses to victims likely ran into tens of millions of dollars, with cybercriminals making $8.7 million in cryptocurrency from the sale of stolen credentials.
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