Ten Major Cybercrime Busts

Politicians, security researchers and others involved in the fight against cybercrime often compare the situation to efforts to combat traditional organized crime. Some of the tricks and tactics are comparable, and so are the motives, but there’s one major difference between the two groups:...

Facebook Helps FBI to shuts down Butterfly botnet theft $850 millions

The U.S. Department of Justice said on Tuesday that they've arrested 10 suspects from from Bosnia and Herzegovina, Croatia, Macedonia, New Zealand, Peru, the United Kingdom, and the United States involved in a global botnet operation that infected more than 11 million systems. The ring is said to...

Facebook Security, FBI Take Down Butterfly Botnet, Arrest 10

Facebook’s security team is being lauded by the FBI for its role the arrest of 10 individuals accused of spreading banking malware on the social networking site and collecting more than $850 million from fraudulent transactions. The arrests were carried out yesterday in the U.S., U.K., the Balkan...

Facebook Helps FBI to shuts down Butterfly botnet theft $850 millions

The U.S. Department of Justice said on Tuesday that they’ve arrested 10 suspects from from Bosnia and Herzegovina, Croatia, Macedonia, New Zealand, Peru, the United Kingdom, and the United States involved in a global botnet operation that infected more than 11 million systems. The ring is said to...