US and EU police have shut down LeakBase, a major online forum for cybercriminals accused of sharing hundreds of millions of stolen passwords and hacking tools, described as one of the world's largest
Why it matters
The shutdown of LeakBase marks a significant victory for international law enforcement against organized cybercrime. By dismantling a platform that facilitated the trade of stolen credentials and hacking tools, authorities aim to disrupt a major artery for malicious activities. This action can help protect countless individuals and organizations from potential data breaches and cyberattacks, reinforcing the importance of cross-border cooperation in combating digital threats and enhancing overall cybersecurity.
Imagine a huge online black market where criminals traded stolen keys to millions of houses and tools to break into more. US and EU police just raided and shut down that entire market, called LeakBase. This means it's now much harder for cybercriminals to get their hands on stolen passwords and tools, making the internet a bit safer for everyone.
Generative AI like ChatGPT and Claude raises new privacy concerns as user conversations stored on servers could be accessed by employees, courts, or authorities, increasing risks as AI integrates into
Read on Economic Times Tech →South Korea's chip industry fears the Iran crisis will disrupt Middle East raw material supply and raise chip prices due to increased energy costs.
Read on Economic Times Tech →China claims global leadership in AI R&D and quantum tech, pledging to enhance tech self-reliance.
Read on Economic Times Tech →