ALEXANDRIA, Va.--(BUSINESS WIRE)--#BidenCash--Searchlight Cyber provided technical capabilities to support the law enforcement takedown of the dark web marketplace BidenCash, announced this week by the U.S. Department of Justice. The operation involved the seizure of 145 dark web and traditional internet domains, and cryptocurrency funds associated with the marketplace. The BidenCash marketplace domains are no longer operational and will redirect to a U.S. law enforcement-controlled server, preventing future criminal activity on these sites.
The BidenCash marketplace was launched in 2022 and operated on both the dark web and the regular clear web. The market specialized in the sale of stolen credit card information, personal data, and Secure Shell Protocol (SSH) credentials. It was a popular market for cybercriminals looking to commit financial fraud and has gained notoriety through a series of data leaks that it posted for free to promote the site. Often these leaks would include the card details of millions of users.
According to the figures from the Department of Justice, the BidenCash marketplace had more than 117,000 customers and facilitated the trafficking of more than 15 million payment card numbers and personally identifiable information, generating more than $17 million in revenue during its operations.
Searchlight Cyber’s dark web investigation tools are used by law enforcement and government agencies around the world to support operations against cybercriminals who use the anonymity of the dark web to mask their identities in an attempt to evade justice. Searchlight indexes, archives, and categorizes data from the dark web to make it easy for law enforcement to investigate, providing invaluable context on actors, sites, and posts. With more than 15 years of dark web data on forums, marketplaces, hidden sites, communications, threat actors, illegal goods and more - it has been deployed in some of the largest dark web takedowns and seizures.
You can find more information on the takedown in the Department of Justice press release.
About Searchlight Cyber
Searchlight Cyber was founded in 2017 with a mission to stop threat actors from acting with impunity. Its External Cyber Risk Management Platform helps organizations to identify and protect themselves from threats emerging from the cybercriminal underground, with Attack Surface Management and Threat Intelligence tools designed to separate the signal from the noise. It is used by some of the world’s largest enterprises, government and law enforcement agencies, and the Managed Security Service Providers at the forefront of protecting customers from external threats. Find out more at www.slcyber.io.
Contacts
Media Contact
Aidan Murphy
Head of Comms at Searchlight Cyber
a.murphy@slcyber.io