IT Security
Feds Shut Down RaidForums Hacking Marketplace

Feds Shut Down RaidForums Hacking Marketplace

The DoJ is charging its founder, 21-year-old Portuguese citizen Diogo Santos Coelho, on six criminal counts, including conspiracy, access device fraud and aggravated identity theft.

U.S. law enforcement has shut down one of the largest cybercriminal online forums in the world and revealed the charges its Portuguese founder will face in federal court. However, the takedown is likely to only be a temporary blow to hackers, who will find other ways of buying and selling data stolen in cyber-attacks, security professionals noted.

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Elizabeth Montalbano