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AlphaBay Dark Web Marketplace | Breaking Cybersecurity News | The Hacker News

AlphaBay Shut Down After Police Raid; Alleged Founder Commits Suicide in Jail

AlphaBay Shut Down After Police Raid; Alleged Founder Commits Suicide in Jail

Jul 14, 2017
AlphaBay Market — one of the largest Dark Web marketplaces for drugs, guns, and other illegal goods — that mysteriously went dark earlier this month without any explanation from its admins has reportedly been shut down by the international authorities. On July 4th, the dark web marketplace suddenly went down without any explanation from its admins, which left its customers who have paid large sums in panic. Some customers even suspected that the site's admins had pulled an exit scam to steal user funds. However, according to the Wall Street Journal , the disappearance of the AlphaBay came after authorities in the United States, Canada, and Thailand collaborated to conduct a series of raids and arrest  Alexandre Cazes , who allegedly was one of the AlphaBay's operators. Citing "people familiar with the matter," the publication claims that Cazes, a resident of Canada, was arrested in Thailand and taken into custody in Bangkok on July 5th, the same day the
AlphaBay Dark Web Marketplace Hacked; Exposes Over 200,000 Private Messages

AlphaBay Dark Web Marketplace Hacked; Exposes Over 200,000 Private Messages

Jan 25, 2017
AlphaBay, possibly the largest active dark web marketplace at the moment, has paid a hacker after he successfully exploited vulnerabilities in the internal mailing system of the website and hijacked over 200,000 private unencrypted messages from several users. The hacker, using the pseudonym Cipher0007, disclosed two "high-risk bugs" two days ago on Reddit that allowed him to gain access to troves of private messages belonging to buyers and sellers on the dark website, AlphaBay admins announced on Tuesday. It turns out that the messages were not encrypted by default, which gave the hacker ability to view all messages between vendors and buyers selling and purchasing everything from illicit drugs to exploits, malware, and stolen data. Over 218,000 Private Messages of Anonymous Dealers Exposed To prove he had successfully compromised the AlphaBay website, the hacker posted five screenshots of random user private conversations, showing that AlphaBay users had op
Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Feb 14, 2024Financial Security / Cyber Threats
The landscape of cybersecurity in financial services is undergoing a rapid transformation. Cybercriminals are exploiting advanced technologies and methodologies, making traditional security measures obsolete. The challenges are compounded for community banks that must safeguard sensitive financial data against the same level of sophisticated threats as larger institutions, but often with more limited resources. The FinServ Threat Landscape Recent trends show an alarming increase in sophisticated cyber-attacks. Cybercriminals now deploy advanced techniques like deep fake technology and AI-powered attacks, making it increasingly difficult for banks to differentiate between legitimate and malicious activities. These developments necessitate a shift towards more sophisticated and adaptive cybersecurity measures. Take these industry statistics, for example. Financial firms report 703 cyberattack attempts per week.1 On average, 270 attacks (entailing unauthorized access of data, appl
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