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

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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Ahead of Trump-Putin meeting, Russian Embassy protests arrest of hacker

Russia’s foreign ministry on Wednesday accused the U.S. of “kidnapping” Yury Martyshev, a Latvian man with Russian citizenship who is accused of committing cybercrime. Former U.S. law enforcement officials, however, say that what Russia considers kidnapping is in reality a legitimate and legal effort to arrest a criminal. Martyshev was arrested overseas and extradited to the U.S. late last month to face charges in a Virginia court. He is accused of helping run one of “the largest” hacking marketplaces on the dark web, where customers could trade and purchase illegal penetration, vulnerability and malware testing tools, according to unsealed court documents. He was originally indicted in October 2016. Some experts believe Martyshev was behind the infamous Scan4You service, which went down earlier this year. In a statement posted to the Russian Embassy’s Facebook page, a spokesperson called for the U.S. to return Martyshev, who is also known as Jurijs Martisevs, in order to recognize the “legitimate rights […]

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