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Theft in cybersecurity covers stolen data, credentials, devices, and funds, often creating risks of unauthorized access, fraud, and privacy loss.

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Unauthorized taking or copying of information, credentials, intellectual property, or digital assets is cyber theft. News under this tag may involve stolen passwords, payment data, personal information, source code, cloud tokens, cryptocurrency, or sensitive business files. Theft can result from phishing, malware, compromised accounts, insider access, exposed storage, or the loss of an unencrypted device; the relevant issue is the unauthorized acquisition or control of an asset, whether or not the attacker also alters systems.

Security teams should identify where valuable data and credentials are stored, restrict access by role, require strong authentication, encrypt data at rest and in transit, and monitor unusual downloads or transfers. Vulnerability management matters when flaws expose databases, endpoints, or cloud services to unauthorized retrieval. After suspected theft, preserving logs, revoking tokens and credentials, determining what was accessed or copied, and assessing privacy or notification obligations are central to containing the incident and measuring its impact.

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Suspected admin who went by 'Omnipotent' awaits UK decision on extradition to US After at least six years of peddling pilfered personal information, the infamous stolen-data market RaidForums has been shut down following the arrest of suspected founder and admin Diogo Santos Coelho in the UK earlier this year.…

Krebs on Security 4 years, 3 months ago

RaidForums Gets Raided, Alleged Admin Arrested

The U.S. Department of Justice (DOJ) said today it seized the website and user database for RaidForums, an extremely popular English-language cybercrime forum that sold access to more than 10 billion consumer records stolen in some of the world's largest data breaches since 2015. The DOJ also charged the alleged administrator of RaidForums -- 21-year-old Diogo Santos Coelho, of Portugal -- with six criminal counts, including conspiracy, access device fraud and aggravated identity theft.

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