BreachForums Administrator Baphomet Shuts Down Infamous Hacking Forum

In a unexpected transform of activities, Baphomet, the existing administrator of BreachForums, reported in an update on March 21, 2023, that the hacking forum has been officially taken down but emphasised that “it can be not the end.”

“You are authorized to dislike me, and disagree with my selection but I promise what is to appear will be far better for us all,” Baphomet observed in a information posted on the BreachForums Telegram channel.

The shutdown is suspected to have been prompted by suspicions that legislation enforcement may possibly have received accessibility to the site’s configurations, source code, and data about the forum’s end users.

The development follows the arrest of its administrator Conor Brian Fitzpatrick (aka “pompompurin”), who has been billed with a solitary count of conspiracy to commit obtain machine fraud.

Around the past several months, BreachForums crammed the void remaining by RaidForums last yr, turning into a rewarding place to acquire and sell stolen databases from several corporations and organizations.

But with the shuttering of BreachForums, the move could spur cybercriminals to migrate to underground forums to peddle their warez.

The enhancement also will come as Telegram carries on to be a hub for cybercrime pursuits, facilitating the sale of malware, private and company info dumps, and other illicit products this sort of as counterfeits and medicine.

“Menace actors will probable proceed to have an appetite for breached databases, and it stays to be found if this can be via an option location, or involves a new discussion board completely,” cybersecurity agency Flashpoint explained.

Discovered this short article fascinating? Adhere to us on Twitter  and LinkedIn to browse much more special content we write-up.

Some areas of this article are sourced from:
thehackernews.com