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One-two punch delivered in global operation disrupts cybercrime "assembly line"

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International authorities and a raft of private technology companies say they have disrupted a cybercrime “assembly line” that allowed crooks to collect millions of login credentials and steal more than $47 million in ransom payments and by other fraudulent means.

Key facts

Summary

The crux of the operation was the simultaneous targeting of two unrelated tools that are widely used in various online scams. Amadey and StealC are separate tools that are run independently of each other. Microsoft said it made this determination after analyzing the tools using AI. “This action goes after the cybercrime ‘assembly line,’ where coordinated tools drive ransomware, financial fraud, and disruptions to public services,” Microsoft said Wednesday. With evidence that the tools had overlapping infrastructure, company attorneys invoked RICO statutes that target organized crime; the legal action was then able to treat both tools as part of a single conspiracy.

Read full article at Ars Technica →

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