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.
John Ribeiro covers outsourcing and general technology breaking news from India for The IDG News Service. Follow John on Twitter at @Johnribeiro. John's e-mail address is john_ribeiro@idg.com
- Google I/O 2013's Coolest Products and Services
- 10 Star Trek Technologies That are Almost Here
- 19 Generations of Computer Programmers
- 25 Must-Have Technologies for SMBs
- A walking tour: 33 questions to ask about your company's security
- 15 social media scams
- The 7 elements of a successful security awareness program
- IT Certification Study Tips
- Register for this Computerworld Insider Study Tip guide and gain access to hundreds of premium content articles, cheat sheets, product reviews and more.
- Protection for Every Enterprise: How BlackBerry 10 Security Works Get an IT-level review of BlackBerry® 10 Security, addressing data leakage protection, certified encryption, containerization and much more.
- A Comprehensive Strategy to Leverage Mobile A successful mobile strategy begins with a common platform for integrating and managing mobile devices and the corporate assets that are stored on...
- IDC - SAP Enterprise Mobility: Bringing a Cohesive Approach to a Complex Market This IDC white paper discusses key mobility trends and examines how SAP's mobile enterprise solutions map to meet organization's mobile requirements.
- The App Happy Enterprise This Computerworld playbook explores key aspects of the enterprise mobile revolution and provides a set of step-by-step directions on how to productively manage...
- Live Webcast
Storage Validation at Go Daddy: Best Practices from the World's #1 Web Hosting Provider - Storage Validation at Go Daddy: Best Practices from the World's #1 Web Hosting Provider
- Live Webcast
MFT and FileXpress - An Overview - Business users and applications exchange files on a regular basis. File transfer is a core part of the flow of business activity.
- Live Webcast
Bridging HTTP and FTP with FileXpress Internet Server - What if you could take an FTP server on your internal network, and allow external users (partners or customers) to securely access it...
- Bridging HTTP and FTP with FileXpress Internet Server What if you could take an FTP server on your internal network, and allow external users (partners or customers) to securely access it...
- MFT and FileXpress - An Overview Business users and applications exchange files on a regular basis. File transfer is a core part of the flow of business activity. All Security White Papers | Webcasts