International Law Agencies Take Down Global Hacking Scheme

  • 9 months ago
International Law Agencies , Take Down Global , Hacking Scheme.
CNN reports that the FBI and law enforcement agencies
in Europe have dismantled a network of hacked
computers involved in a scheme to defraud victims. .
According to the Justice Department, agencies
in France, Germany, the Netherlands
and the United Kingdom assisted in the operation.
Over $8 million in cryptocurrency was seized
from hackers after uncovering malicious code
embedded in computers around the world.
According to the agencies, 700,000 computers
were infected globally, 200,000
of which were in the United States.
The Justice Department said that the hacking
tool, Qakbot, caused "significant harm" to
health care providers and government agencies. .
CNN reports that the U.S. State Department is offering
a $10 million reward for information leading to
the people responsible for the malicious software.
Martin Estrada, the U.S. attorney for
the Central District of California,
held a news conference on August 29. .
According to Estrada, Qakbot was used in
ransomware attacks that resulted in
$58 million in losses over the past 18 months.
Victims of the scheme reportedly included a power
engineering firm in Illinois, a Maryland defense firm
and a Southern California food distribution company.
Estrada added that law enforcement was working on recovering money stolen from the victims. .
With our federal and international
partners, we will continue to
systematically target every part
of cyber criminal organizations,
their facilitators, and their money –
including by disrupting and dismantling
their ability to use illicit
infrastructure to attack us, Christopher Wray, FBI Director, via CNN.
With our federal and international
partners, we will continue to
systematically target every part
of cyber criminal organizations,
their facilitators, and their money –
including by disrupting and dismantling
their ability to use illicit
infrastructure to attack us, Christopher Wray, FBI Director, via CNN

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