Russia acts swiftly to nab SkyFraud Credit Card Data stealing Cyber Criminals

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Many might think that Russia is busy spitting havoc on Ukraine by launching a hybrid warfare that includes cyber attacks and fake bomb scares. But this is not the only thing the Putin led nation is capable of.

In early last week, the Russian authorities announced a crackdown on SkyFraud website that helps cyber criminals buy and sell stolen credit card and debit card info.

News is out that the law enforcement authorities launched a major operation in nabbing the IT infrastructure of those doing business through SkyFraud.

According to the details provided by cyber threat monitoring company VX-Underground, the police succeeded in taking down the entire website and seized the servers of the cyber fraud organization. They also posted some information on the website for one full day stating that the traffic visiting the website will also be eligible for prosecution if/when found guilty.

And now, that is from February 11th,2022 the entire web portal has been pulled down and the news was confirmed by the official Russian govt news agency TASS.

Surprisingly, within a few hours of the notice, two other cyber fraud forums titled Ferum and Trump Dumps were also seized and pulled down and the news was confirmed by security researchers from Group-IB, a cybersecurity firm operating in Russia.

So, is Kremlin acting harsh on cyber criminals?

Well, it seems as it can be conferred from the developments.

However, we never know what actually is happening on the land led by Vladimir Putin as it is tough and is becoming extremely tough(day by day) to sneak into the cyber developments taking place in the nation.

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Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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