Friday, August 01, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Researchers Discover New Smartphone Flaws
U.S. Government Issues Warning About Malicious Software
Hackers Can Use USB Devices in Attacks
Next Apple TV Release Delayed
CoD: Advanced Warfare Collector's Editions Announced
Lite-On IT Merged With Lite-On
AMD Introduces New Kaveri APUs for System Builders
Toshiba, Samsung Vie For 48-layer 3-D NAND Chips
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > General Computing > Microso...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, March 26, 2012
Microsoft And Financial Services Industry Disrupt Massive Zeus Cybercrime Operation


In an effort to disrupt botnets, Microsoft, in collaboration with the financial services industry, has executed a coordinated global action against some of the most notorious cybercrime operations that fuel online fraud and identity theft.

With this legal and technical action, a number of the most harmful botnets using the Zeus family of malware worldwide have been disrupted, according to Microsoft.

Through a collaborative investigation into the Zeus threat, Microsoft and its banking, finance and technical partners discovered that once a computer is infected with Zeus, the malware can monitor a victim's online activity and automatically start keylogging, or recording a person's every keystroke, when a person types in the name of a financial institution or ecommerce site. With this information, cybercriminals can steal personal information that can be used for identity theft or to fraudulently make purchases or access other private accounts. Since 2007, Microsoft has detected more than 13 million suspected infections of the Zeus malware worldwide, including approximately 3 million computers in the United States alone.

"With this action, we've disrupted a critical source of money-making for digital fraudsters and cyberthieves, while gaining important information to help identify those responsible and better protect victims," said Richard Boscovich, senior attorney for the Microsoft Digital Crimes Unit. "The Microsoft Digital Crimes Unit has long been working to combat cybercrime operations, and today is a particularly important strike against cybercrime that we expect will be felt across the criminal underground for a long time to come."

This disruption was made possible through a pleading before the U.S. District Court for the Eastern District of New York, which allowed Microsoft and its partners to conduct a coordinated seizure of command and control servers running some of the worst known Zeus botnets. Because the botnet operators used Zeus to steal victims' online banking credentials and transfer stolen funds, FS-ISAC and NACHA joined Microsoft as plaintiffs in the civil suit, and Kyrus Tech Inc. served as a declarant in the case. Other organizations, including F-Secure, also provided supporting information for the case.

As a part of the operation, on March 23, Microsoft and its co-plaintiffs, escorted by the U.S. Marshals, seized command and control servers in two hosting locations, Scranton, Pa., and Lombard, Ill., to seize and preserve data and virtual evidence from the botnets for the case. Microsoft and its partners took down two Internet Protocol addresses behind the Zeus command and control structure, and Microsoft is currently monitoring 800 domains secured in the operation, which are helping identify thousands of computers infected by Zeus.

Because of the complexities of these targets, unlike Microsoft's previous botnet operations, the goal of this action was not to permanently shut down all impacted Zeus botnets. However, this action is expected to significantly impact the cybercriminals' operations and infrastructure, advance global efforts to help victims regain control of their infected computers, and also help further investigations against those responsible for the threat.

There are steps consumers and businesses can take to better help protect themselves from becoming victims of malware, fraud and identity theft. All computer users should exercise safe practices, such as running up-to-date and legitimate computer software, firewall protection, and antivirus or antimalware protection. People should also exercise caution when surfing the Web and clicking on ads or email attachments that may prove to be malicious.


Previous
Next
Intel's Semiconductor Market Share Surges        All News        Microsoft and Nokia to Invest Up to 18 Million Euros in Mobile Application Development Program
Intel's Semiconductor Market Share Surges     General Computing News      Three New Independent Directors Appointed to Yahoo Board

Get RSS feed Easy Print E-Mail this Message

Related News
Microsoft Details Windows Phone 8.1 Update, Brings Cortana To New Markets
Microsoft Releases The Sharks Cove, A Raspberry Pi Alternative
China Starts Anti-monopoly Investigation On Microsoft
Microsoft's Profit Hurt By Nokia Acquisition, Plans Unified OS
Microsoft Is Shutting Down Xbox Entertainment Studios
Microsoft To Eliminate 18,000 Jobs
Microsoft To Take EU 'Right to be forgotten' Requests
Microsoft To Announce Job Cuts
Microsoft To Take On Chromebooks with $200 Windows Notebooks
Microsoft's Nadella To Announce Company Sharkeup
Microsoft Patches IE In Latest Security Updates
Microsoft's Smartwatch Rumored For October Launch

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .