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Infamous online compromised server marketplace xDedic pulled down by authorities

    Authorities from the US and Europe have seized the online forum xDedic. xDedic was a trading platform where cybercriminals used to buy or sell a variety of illicit products such as hacked servers, hacking tools, and more. xDedic, the shady marketplace that offered various hacking tools and other malicious products, was taken down earlier by authorities. The forum was responsible for fraudulent transactions totaling more than $68 million along with stealing information from victims. Authorities from the US, Belgium and the European law enforcement agency Europol collaborated together to bring down xDedic. From the US, the Federal Bureau of Investigation (FBI) and Internal Revenue Services (IRS) led the hunt, while from Europe, it was led by the federal prosecutors from Belgium, Ukraine, and Germany. “The victims span the globe and all industries, including local, state, and federal government infrastructure, hospitals, 911, and emergency services, call centers, major