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FBI Seizes Bot Shop ‘Genesis Market’ Amid Arrests Targeting Operators, Suppliers

Krebs on Security

Several domain names tied to Genesis Market , a bustling cybercrime store that sold access to passwords and other data stolen from millions of computers infected with malicious software, were seized by the Federal Bureau of Investigation (FBI) today. ” a cybercrime forum ad for Genesis enthused. Image: KrebsOnSecurity.

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Dark Web Sales Driving Major Rise in Credential Attacks

Data Breach Today

Cybercriminals Netting Over 50 Credentials Per Infected Device, Kaspersky Says The value of corporate credentials in the cybercrime market contributed to a 643% increase in data theft attacks over the past three years, cybersecurity company Kaspersky says.

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GUEST ESSAY: How the ‘Scattered Spiders’ youthful ring defeated MFA to plunder Vegas

The Last Watchdog

A hacking gang known as Scattered Spiders soundly defeated the cybersecurity defenses of MGM and Caesars casinos. For the moment, hackers appear to have the upper hand in the global chess match between cybersecurity professionals and digital criminals. Reduce the amount of time a temporary password can be used.

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Russian Infostealer Gangs Steal 50 Million Passwords

eSecurity Planet

Group-IB cybersecurity researchers recently identified several Russian-speaking cybercrime groups offering infostealing malware-as-a-service (MaaS), resulting in the theft of more than 50 million passwords thus far. Don’t save passwords in browser. Read next: Best Password Management Software & Tools.

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Admins of Genesis Market marketplace sold their infrastructure on a hacker forum

Security Affairs

The admins of the darkweb Genesis Market announced the sale of their platform to a threat actor that will restart operations next month. In April, the FBI seized the Genesis Market , a black marketplace for stolen credentials that was launched in 2017. “A buyer been found and a deposit has been made.

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Russian Cybersecurity Executive Arrested for Alleged Role in 2012 Megahacks

Krebs on Security

Nikita Kislitsin , formerly the head of network security for one of Russia’s top cybersecurity firms, was arrested last week in Kazakhstan in response to 10-year-old hacking charges from the U.S. Group-IB has since moved its headquarters to Singapore, and in April 2023 the company announced it had fully exited the Russian market.

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GUEST ESSAY: ‘CyberXchange’ presents a much-needed platform for cybersecurity purchases

The Last Watchdog

There is no shortage of innovative cybersecurity tools and services that can help companies do a much better job of defending their networks. alone, in fact, there are more than 5,000 cybersecurity vendors. All of this activity has put a strain on how companies buy and sell cybersecurity solutions.