Twenty-four people have been arrested in the UK after an international operation took down one of the world’s biggest online criminal marketplaces.
Genesis Market hosted 80 million account credentials and digital footprints stolen from devices of more than two million people, and users could buy “bots” containing the information.
The most expensive of them would contain financial information, such as access to online banking accounts.
Hundreds of people in the UK were among those who used it to target individuals and businesses.
The arrests came in raids by the National Crime Agency (NCA), regional cyber crime units, and police on Tuesday.
They coincided with the marketplace being taken offline.
Seventeen countries were involved in the investigation, led by America‘s FBI and authorities in the Netherlands.
It led to more than 200 searches and around 120 people taken into custody around the world.
The NCA said its work was not done, however, with more arrests expected and other users to be contacted and warned about their potentially criminal activity.
Genesis Market’s unique capabilities
Genesis Market provided its users with a custom web browser mimicking that of their victim.
It meant they could make it look as though they were accessing their accounts from usual locations and devices, therefore not triggering the “suspicious activity” notifications you get from services like banking apps.
Criminals may also have used the information they obtained about a victim, such as names of family and friends, to manipulate them into handing over money.
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