Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybercrime

German Authorities Shut Down Online Marketplace for Drugs, Data and Cybercrime Services

German authorities took down the Nemesis Market, a major online marketplace for drugs, cybercrime services and stolen credit card data.

Hacker

German authorities said Thursday they have taken down a major online marketplace for drugs, cybercrime services and fraudulently obtained credit card data.

Investigators seized the Nemesis Market platform’s server infrastructure in Germany and Lithuania on Wednesday, as well as cryptocurrency worth 94,000 euros ($102,000), Germany’s Federal Criminal Police Office said in a joint statement with Frankfurt prosecutors.

The seizure followed an investigation in cooperation with the FBI, the U.S. Drug Enforcement Administration and Internal Revenue Service Criminal Investigation, the statement said.

The platform was active on the darknet, a part of the internet accessible only through specialized tools that provide more anonymity. It was founded in 2021 and had more than 150,000 user accounts and over 1,100 seller accounts worldwide, nearly 20% of the latter in Germany, according to German authorities.

The wares it offered included drugs, fraudulently obtained data and goods, and cybercrime services including ransomware, phishing and distributed denial-of-service, or DDoS, attacks.

The data from this week’s seizures will be the basis for further investigations against sellers and users who used the platform, German authorities said.

Advertisement. Scroll to continue reading.

Related: Germany Shuts Down Darknet Platform Specializing in Drugs

Written By

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing for the latest cybersecurity threats, trends, and expert insights.

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Organizations are investing heavily in third-party risk management, but breaches, delays, and blind spots continue to persist. Join this live webinar as we examine the gap between how organizations think their third-party risk programs are performing and what’s actually happening in practice.

Register

Explore how attackers are using AI to scale threats and how security teams can respond with AI-driven defenses. Protecting against unmonitored use of generative AI (Shadow AI) in business units and building and enforcing AI governance frameworks.

Register

People on the Move

Opal Security has appointed CPO, CTO, VP of Field Engineering, VP of Marketing, and Head of Product and Solutions Marketing.

The Department of the Air Force has appointed Ashley Devoto as Chief Information Officer.

Bartley Richardson has been named Chief AI and Autonomous Systems Officer at CrowdStrike.

More People On The Move

Expert Insights

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest cybersecurity news, threats, and expert insights. Unsubscribe at any time.