The Hacker News - Cybersecurity News and Analysis: Counterfeiting

In a coordinated global law enforcement operation, Europol has taken down more than 30,500 websites for distributing counterfeit and pirated items over the Internet and arrested three suspects. Among other things, the seized domains reportedly offered various counterfeit goods and pirated products and services, including pirated movies, illegal television streaming, music, electronics, cracked software downloads, counterfeit pharmaceuticals, and other illicit products. However, it should be noted that the seized web domains do not include any major pirate websites on the Internet. During the investigation, international law enforcement officials: shut down a total of 30,506 web domains, arrested three suspects, seized 26,000 luxury clothes and perfumes, seized 363 liters of alcoholic beverages, and seized an unspecified number of hardware devices. The officials also identified and froze more than €150,000 from several bank accounts and online payment platforms. Th

In a coordinated International cyber operation, law enforcement agencies have seized over 20,520 website domains for illegally selling counterfeit products, including luxury products, sportswear, electronics, pharmaceuticals and online piracy on e-commerce platforms and social networks. Counterfeiting is a form of trademark infringement that involves the manufacturing and/or distribution of fake lookalike branded products with a primary purpose to confuse or dupe consumers into buying them. The operation, dubbed " In Our Sites (Project TransAtlantic VIII) ," was conducted by Europol in association with the Interpol, the US National Intellectual Property Rights Coordination Centre (NIPRCC), FBI, Department of Justice (DOJ), and law enforcement authorities from 27 European Member States. Counterfeit goods are a huge business, as the International Trademark Association suggested that around $460 billion worth of counterfeit goods were bought and sold last year alone.