FBI and European partners seize major malware network in blow to global cybercrime
The Hindu
U.S. officials say the FBI and its partners in Europe infiltrated and seized control of a major malware network.
U.S. officials said Tuesday that the FBI and its European partners infiltrated and seized control of a major global malware network used for more than 15 years to commit a gamut of online crimes including grave ransomware attacks.
They then remotely removed the malicious software agent — known as Qakbot — from thousands of infected computers.
Cybersecurity experts said they were impressed by the deft dismantling of the network but cautioned that any setback to cybercrime would likely be temporary.
“Nearly ever sector of the economy has been victimised by Qakbot,” Martin Estrada, the U.S. attorney in Los Angeles, said Tuesday in announcing the takedown. He said the criminal network had facilitated about 40 ransomware attacks alone over 18 months that investigators said netted Qakbot administrators about $58 million.
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Qakbot's ransomware victims included an Illinois-based engineering firm, financial services organisations in Alabama and Kansas, along with a Maryland defence manufacturer and a Southern California food distribution company, Estrada said.
Officials said $8.6 million in cybercurrency was seized or frozen but no arrests were announced.
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