Category Archives: dark web markets

Tracing drug deals and kickbacks, feds arrest alleged operators of Deep Dot Web scheme

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Authorities have arrested two men accused of operating Deep Dot Web, a site that helped people find places to illegally buy drugs online. The website, which has been seized by law enforcement as part of the operation, reaped more than $15 million in illegal proceeds since 2013, the Department of Justice said. Two Israeli men, Tal Prihar and Michael Phan, have been charged for allegedly running a scheme that earned commissions whenever Deep Dot Web visitors subsequently made purchases on dark web markets. “Deep Dot Web provided a one-stop information center for people who were trying to access the dark web,” Scott Brady, U.S. Attorney for the Western District of Pennsylvania, said in a press conference. “Not only did they provide links to specific dark web marketplaces, but they also provided tutorials to people who were new to this. … All of that, combined with the kickback scheme, made it the first place […]

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Latest Pakistan bank-card fraud looks like an actual breach, researchers say

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A spike in payment-card fraud in Pakistan over the past six months now appears to involve a possible breach of at least one bank’s internal systems, according to researchers with New York-based threat intelligence company Gemini Advisory. Previous reports — including research by Moscow-based cybersecurity company Group-IB — had noted two major dumps of Pakistani payment-card data on the dark web market Joker’s Stash in October and November, as well as further sales in January of this year. Gemini Advisory says it now appears that the card-information dumps point to a more aggressive level of hacking beyond point-of-sale attacks. “While fraudsters generally acquire card and PIN data with card skimmers and cameras or overlays, the January 24 and January 30, 2019 breach included such data in large quantities pertaining to a single bank – Meezan Bank Ltd.,” Gemini Advisory says. “Gemini analysts therefore assess with moderate confidence that the compromised records posted […]

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Feds shutter xDedic, a black market used to commit $68 million in fraud

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An online marketplace that facilitated more than $68 million in fraud and cybercrime has been shut down following an international law enforcement operation, the U.S. Department of Justice announced Monday. Hackers and thieves used the website, known as xDedic, to sell access to compromised computers located around the world and personal information belonging to U.S. residents, prosecutors said. Buyers could search the site by price, operating system or by the geographic region from where it was stolen, prosecutors said. The method of access was usually through credentials for Remote Desktop Protocol (RDP) servers. The DOJ didn’t name any victims, but said they included major metropolitan transit organizations, emergency services, government agencies, pension funds, universities and others. The site was shut down in 2016, only to re-emerge soon after on the dark web with the new stipulation that members pay $50 to enter. “The xDedic marketplace operated across a widely distributed network and […]

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More Than 3000 Sites’ Data Found on the Magbo Underground Market

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A security research team discovered that the sensitive data belonging to numerous breached websites have been posted on sale on the Magbo underground market. This community has been found to list many of the recently hacked major online services. Our….. Continue reading More Than 3000 Sites’ Data Found on the Magbo Underground Market→

Dark Web Sales Offer Military Tech & Airport Security Information

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The latest Dark Web sales that have been uncovered by experts reveal that hackers have gained access to very sensitive data. The latest reports reveal that among the sold goods there are secret military technology materials, operating manuals and even…. Continue reading Dark Web Sales Offer Military Tech & Airport Security Information→

London police seize over $667,000 in bitcoin from convicted hacker

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London Metropolitan Police seized more than £500,000 ($667,000) in bitcoin from a hacker convicted of phishing attacks against 100 global companies and possessing stolen financial and personal data from 78 million individuals. Grant West, 26, was sentenced to 10 years and eight months in prison on Friday in London. West’s two-and-a-half-year-long scheme was to phish a wide range of targets, steal sensitive data and then sell the information on dark web markets. More than 47,000 such sales of stolen data were charged against him in court. Police shared the following screenshot of a vastly successful West phishing email: There is still £1.6 million worth of stolen cryptocurrency that remains unaccounted for that the sentencing judge described as “secreted away.” West was known online as Courvoisier, after the popular French cognac. He was a prominent vendor on the dark web market AlphaBay, which was the largest and most profitable of such sites until international police […]

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Want to reduce cybercrime? Undermine black market, watch cryptocurrency exchanges, experts say

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The neverending stream of high-profile, large scale data breaches has lawmakers searching for answers on how hackers are benefiting and how to stop them. At a hearing Thursday, the House Financial Services Subcommittee on Terrorism and Illicit Finance heard from experts about how to find and crack down on cybercriminals who are swiping and trading massive amounts of individuals’ compromised private information. “The victim of a breach can become a victim repeatedly as their identity can be used to apply for credit cards, mortgages, and other financial products over and over again,” subcommittee Chairman Steve Pearce, R-N.M., said. “Unfortunately, this activity is only becoming more widespread as criminal organizations realize the low cost of entry, the ease of using hacking tools, and the difficulty law enforcement faces trying to apprehend hackers.” Lillian Ablon, an information scientist at the RAND Corporation, explained some ways law enforcement can crack down on black markets for stolen […]

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Unexplained cyberattacks sow chaos among dark web markets

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A three-week long wave of cyberattacks against several popular dark web marketplaces has left the notorious underground e-commerce economy drenched in uncertainty and wondering if, like earlier this year, this is a prelude another round of arrests. Just two months after police brought down a slew of the most well-known dark web markets, those left standing can’t quite figure out — nor defeat — who has been behind a three-week long denial-of-service offensive that’s knocked their sites offline. As if looking to further stoke fear and uncertainty, Deputy Attorney General Rod Rosenstein recently spoke in Washington, D.C. on how the Department of Justice is continuing to target crime on the dark web. Deputy AG Rosenstein said today the DOJ is focusing in on dark net markets. pic.twitter.com/Ms4kvMdmAK — Patrick O’Neill (@HowellONeill) October 25, 2017 Paranoia haunts the mood of those who remain as many wait for the next looming law enforcement sting. Those actions have sown a deep distrust […]

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