RaidForums hacker website seized, founder charged with criminal offenses

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In a statement, Department of Justice (DOJ) Criminal Division Assistant Attorney General Kenneth Polites, Jr. said, “The takedown of this online market for the resale of hacked or stolen data disrupts one of the major ways cybercriminals profit from the large-scale theft of sensitive personal and financial information.”

On the other hand, Edvardas Šileris, the head of Europol’s European Cybercrime Center commented, “Disruption has always been a key technique in operating against threat actors online, so targeting forums that host huge amounts of stolen data keeps criminals on their toes. Europol will continue working with its international partners to make cybercrime harder – and riskier –to commit. ”

Criminal charges were filed against RaidForums founder and chief administrator

The United States government filed criminal charges against Diogo Santos Coelho of Portugal. Coelho is the founder and chief administrator of the website. Law enforcement authorities arrested him in the United Kingdom on January 31.