Cyber Security News

Authorities Seize 8Base Ransomware Dark Web Site, Arrest Four Key Operators

Thai authorities arrested four European hackers in Phuket on February 10, 2025, for their alleged involvement in ransomware operations that inflicted global losses exceeding $16 million.

The arrests, part of the multinational “Operation PHOBOS AETOR,” were executed in collaboration with Swiss and U.S. law enforcement agencies.

The suspects, two men, and two women were apprehended during coordinated raids at four locations: Mono Soi Palai, Supalai Palm Spring, Supalai Vista Phuket, and Phyll Phuket x Phuketique Phyll. Police confiscated over 40 digital devices, including mobile phones, laptops, and cryptocurrency wallets, which were allegedly used in criminal activities.

Operation PHOBOS AETOR

Ransomware Operation on a Global Scale

As per a report by Khao Sod English report, the operation targeted an international cybercrime group responsible for deploying the Phobos ransomware.

Between April 2023 and October 2024, the group reportedly attacked 17 companies in Switzerland, as well as numerous other organizations worldwide.

Using sophisticated cyber techniques, the hackers gained unauthorized access to networks, and encrypted data, and demanded substantial cryptocurrency ransoms for decryption keys.

Victims who refused to pay were threatened with public exposure of sensitive data.

Additionally, the hackers employed cryptocurrency mixing services to obscure their transactions and evade detection, making their digital trail nearly untraceable.

The operation affected over 1,000 victims globally, with damages estimated at $16 million (approximately 560 million baht).

This high-profile arrest highlights the importance of international cooperation in combating cybercrime.

Acting on an urgent request from Swiss and U.S. authorities, Thai officers from the Cyber Crime Investigation Bureau (CCIB), led by Police Lieutenant General Trairong Phiwphan, executed the raids alongside Immigration Police and Region 8 Police.

 The suspects wanted on Interpol warrants, were found to be part of a transnational criminal organization.

The suspects face charges of Conspiracy to Commit an Offense Against the United States and Conspiracy to Commit Wire Fraud.

While their identities remain undisclosed, evidence collected during the arrests is expected to be critical in advancing investigations.

Ransomware attacks have become a significant global threat, targeting businesses, institutions, and individuals alike.

The takedown of this operation underscores the increasing need for law enforcement agencies worldwide to collaborate in addressing the growing sophistication of cybercriminals.

Are you from SOC/DFIR Team? - Join 500,000+ Researchers to Analyze Cyber Threats with ANY.RUN Sandbox - Try for Free



Divya

Divya is a Senior Journalist at GBhackers covering Cyber Attacks, Threats, Breaches, Vulnerabilities and other happenings in the cyber world.

Recent Posts

Ransomware Attacks Surge by 123% Amid Evolving Tactics and Strategies

The 2025 Third-Party Breach Report from Black Kite highlights a staggering 123% surge in ransomware…

27 minutes ago

Researchers Introduce Mythic Framework Agent to Enhance Pentesting Tool Performance

Penetration testing is still essential for upholding strong security procedures in a time when cybersecurity…

31 minutes ago

Swan Vector APT Targets Organizations with Malicious LNK and DLL Implants

A newly identified advanced persistent threat (APT) campaign, dubbed "Swan Vector" by Seqrite Labs, has…

38 minutes ago

Hackers Weaponize KeePass Password Manager to Spread Malware and Steal Passwords

Threat actors have successfully exploited the widely-used open-source password manager, KeePass, to spread malware and…

52 minutes ago

Marks & Spencer Confirms Customer Data Breach in Recent Cyber Attack

British retail giant Marks & Spencer has officially confirmed that customer personal data was compromised…

3 hours ago

Zoom Workplace Apps Flaws Allow Hackers to Gain Elevated Access

Zoom has released multiple security bulletins addressing seven newly discovered vulnerabilities in Zoom Workplace Apps,…

4 hours ago