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Wednesday, 12 December 2012

Facebook helps FBI take down $850M botnet crime ring

11:50

Facebook helps FBI take down $850M botnet crime ring

Facebook helped the FBI take down an international crime ring that used a botnet to infect 11 million computers and steal more than $850 million, one of the largest cybercrime hauls in history. 

The FBI announced today that with the social-networking giant's assistance, it had arrested 10 people from countries around the world it said used the Yahoos malware and Butterfly botnet to steal victims' credit card, bank account, and personal information.
"Facebook's security team provided assistance to law enforcement throughout the investigation by helping to identify the root cause, the perpetrators, and those affected by the malware," the FBI said in a statement. "Yahos targeted Facebook users from 2010 to October 2012, and security systems were able to detect affected accounts and provide tools to remove these threats." 

The FBI said the arrests occurred in Bosnia and Herzegovina, Croatia, Macedonia, New Zealand, Peru, the United Kingdom, and the United States. 

 The FBI did not elaborate on how it arrived at its $850 million theft figure, but that haul easily dwarfs the Euro grabber, which was revealed last week to have stolen about $47 million from European banking customers in the past year. The Yahos' spoils also surpass the take by the Zeus botnet crime ring, which infected an estimated 13 million computers with malware to steal more than $100 million.

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