FBI - two busts, malware, scareware

A listing of any stories pertaining to cybercriminal investigations which result in firm legal action.

FBI - two busts, malware, scareware

Postby Red Dwarf » Thu Jun 23, 2011 4:47 am

Ref http://nakedsecurity.sophos.com/2011/06 ... taken-out/

Sophos release on the FBI Malware bust and also the scareware bust

The FBI release
http://www.fbi.gov/news/stories/2011/ju ... ber_062211

“Operation Trident Tribunal,” a coordinated, international law enforcement action that disrupted the activities of two international cyber crime rings involved in the sale of scareware. The groups are believed responsible for victimizing more than one million computer users and causing more than $74 million in total losses.

Scam #1: The FBI’s Seattle office began looking into a scareware scam that ultimately claimed an estimated 960,000 victims who lost a total of $72 million

Scam #2: The FBI’s Minneapolis office initiated an investigation into an international criminal group using online advertising to spread its scareware product, a tactic known as “malvertising.” ... That scheme resulted in losses of about of about $2 million to its victims.
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Re: FBI - two busts, malware, scareware

Postby spamislame » Thu Jun 23, 2011 1:44 pm

Wired threat level has good coverage as well:

http://www.wired.com/threatlevel/2011/0 ... ware-raid/

This is great news. :silthumb: It's much more than solely the FBI involved in these raids.

Authorities in several countries have reportedly busted up parts of a $74 million scareware ring after conducting a series of mulinational raids.

The raids, in Latvia, Britain, the United States and several other countries, focused on seizing servers and bank accounts that members of two gangs allegedly used to rake in about $74 million by tricking computer users into buying fake anti-virus programs and services, according to the BBC.

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Re: FBI - two busts, malware, scareware

Postby Red Dwarf » Tue Jun 28, 2011 1:55 am

The Ukraine is putting together a new bill to allow for imprisonment for convictions relating to cybercrime. The current maximum stretch is 6 years. As a result of the $72 Million scam, they want to up it to 15 years.

SBU article from LinkedIn
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Re: FBI - two busts, malware, scareware

Postby spamislame » Tue Jun 28, 2011 9:44 am

This is quite the year for Russia and Ukraine actually paying the slightest bit of attention to the rampant online criminality within their borders. We still haven't seen any actual convictions or jail time yet but it's certainly encouraging.

I'll believe it when I see it (I never take these claims seriously because nobody's been sent to jail for anything in Russia or Ukraine yet) but it certainly sounds good.

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