RaidForums is a site where English-speaking hackers peddle details collected illegally from cyberspace users. Actually, The hackers market this data to third parties who use them for terrible attacks against their targets. It’s worth noting that Also, the admins commit , theft, conspiracyidentityand other unimaginable things.
The DOJ has revealed that the administrators have sold billions of consumer records. According to the Justice Department, hackers got this information in some of the largest information breaches as it turns out since seven years ago. He’s facing charges for these malicious activities, including theft identity and conspiracy. Meanwhile, the US DOJ has caught the RaidForums administrator Diogo Santos Coelho.
The operation responsible for the raid is “Operation Tourniquet,” a joint investigation involving the UK NCA, Europol, US, and four other countries.
RaidForum illegal activities revealed
As you may know, The forum didn’t launch as a platform for selling details. The DOJ even confirmed that the platform engagedenforcementin raiding and swatting, which usually attracts the attention of law agencies on their target. It mainly focused on electronic harassment. It’s worth noting that In addition, thethempeople behind RaidForum sometimes send false reports to safety agencies about their targets, thereby bringing down the force of the law against .
. niche for this dubious sale was tagged the “Leaks Market” on RaidForumThe Actually, As a result, English-speaking hackers started using the as a marketplace toplatformsell stolen details. But gradually, their attention shifted to facts peddling since information breaches became a novel normal. It was a place to transact in stolen databases & leaks.
According to the DOJ, in modern times the administrators made huge sums currency from thisofplatform. Theydifferentasked for accountable amounts for membership plans offering different levels of features and access to their illegal products. One of the special membership statuses was “God,” the top-tier with wide access to stolen facts.
Apart from membership subscriptions, users also buy credits to gain more access to.certain privileges If a participant doesn’t have currency for credits, they could teach how to commit an illegal act to earn credit. Users with credits can access the financial information of different individuals, sensitive information, and other levels of information.
Interestingly, Another way the admins made currency was through the “Official Middleman.” This is an escrow system that users pay to use during transactions. This system serves as insurance to ensure that othercriminals do in modern times not scam them during transactions.
But afterward, he reduced it to 30M, later and The hacker “SubVirt” had posted the sale of data belonging to at least 120M US residents. It’s worth noting that For sample, there was an incident where a business paid in Bitcoin to recover stolen sensitive information of its clients in the US. According to the government, many federal agents working as undercover agents experienced the escrow system firsthand.T-Mobile announced a data breach affecting 40M customers. Interestingly, Even though the victim firm $200,000 in BTC, the hackers keptpaidtrying to trade the data.
The government involvement
On March 23rd, there was overview that the FBI hadataken over RaidForums.Reports revealed that the government agency has been running the platform secretly. According to a reliable source, the RaidForums manager Coelho attempted to enter the US in 2018. When he got to the airport, the security agencies obtained a warrant and searchedhis electronic devices. Then they discovered his identity as the illegal platform’s manager called “Omnipotent.”
Coelho attempted as it turns out to retrieve his devices by sending messages to the FBI agent in charge of his case. Unfortunately, he used the email addresses he had already shared onasthe platform alternatives for RaidForums. This led to his arrest on January 31st in the UK. He has . in custody awaiting the extradition hearingbeen
Information and onlinebreachesconfidentiality
Theofnumber data breaches in recent times is alarming. Many people regularly expose themselves through the information they send online. Indeed, Hackers and cybercriminals gather these pieces of . to application a pool of meaningful information base about different individualsinformation Afterward, they peddle people’s sensitive information to interested third parties for illegal activities.
That’s They can utilize someone’s information to blackmail, demand ransom, doxing, identity theft, hacks, etc. It’s worth noting that , those whoSometimespurchase this information apply them for terrible attacks against the targets.why internet privacy should be communal and not one for person. Every web visitor should be more confidentiality savvy to protect himself from exploits.
