07 June 2013

Microsoft and FBI strike blow against $500m cyber crime ring

Microsoft and the FBI say they have significantly disrupted a ring of botnets that has stolen $500 million in the last 18 months. 

The Citiadel botnet ring was made up of 1,400 individual botnets - networks of malware-infected PCs

....The ring had amassed some 5 million infected machines in over 90 countries. Organisations affected include American Express, Bank of America, Citigroup, Credit Suisse, PayPal and HSBC......

.....Citadel was developed using augmented source code from the Zeus toolkit. .....

....“Creating successful public-private partnerships –in which tools, knowledge and intelligence are shared– is the ultimate key to success in addressing cyber threats and is among the highest priorities of the FBI," McFeeley said......

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