US law enforcement busts cybercrime rings with help from Facebook
The malware infected more than 11 million computers and caused $850 million in losses, according to the FBI
IDG News Service - U.S. law enforcement agencies with the help of Facebook have arrested 10 people from various countries in connection with international cybercrime rings that targeted users on the social network.
The operation is said to have identified international cybercrime rings that used variants of a malware called Yahos. The malware infected more than 11 million computers and caused more than $850 million in losses through a Butterfly botnet, which steals computer users' credit card, bank account, and other personal identifiable information, the FBI said in a statement late Tuesday.
The 10 people arrested are from Bosnia and Herzegovina, Croatia, Macedonia, New Zealand, Peru, the U.K. and the U.S.
Botnets are networks of computers that have been compromised by malware, and can be controlled remotely by cybercriminals to execute a variety of attacks including distributed denials of service.
Facebook's security team assisted the law enforcement agencies in the investigation by helping "to identify the root cause, the perpetrators, and those affected by the malware," the FBI said. Yahos targeted Facebook users from 2010 to October this year, and security systems were able to detect affected accounts and provide tools to remove these threats, FBI said.
Besides the FBI and the U.S. Department of Justice, law enforcement agencies from other countries were also involved in the operation.
- Path Selection Infographic Path Selection Infographic
- Hyperconvergence Infographic A wide range of observers agree that data centers are now entering an era of "hyperconvergence" that will raise network traffic levels faster...
- Preparing Your Infrastructure for the Hyperconvergence Era From cloud computing and virtualization to mobility and unified communications, an array of innovative technologies is transforming today's data centers.
- How WAN Optimization Helps Enterprises Reduce Costs If you wanted to break down innovation into a tidy equation, it might go something like this: Technology + Connectivity = Productivity. Productivity...
- Druva inSync: Endpoint Data Protection & Governance CLICK HERE to watch this video about protecting corporate data on laptops and mobile devices, sponsored by Druva.
- Cloud Knowledge Vault Learn how your organization can benefit from the scalability, flexibility, and performance that the cloud offers through the short videos and other resources... All Data Security White Papers | Webcasts
Our new weekly Consumerization of IT newsletter covers a wide range of trends including BYOD, smartphones, tablets, MDM, cloud, social and what it all means for IT. Subscribe now and stay up to date!