Facebook Teams With Federal Authorities to Bust $850 Million Botnet
Law enforcement authorities from around the globe joined in to arrest 10 people believed to be involved in an international cyber-crime ring.Federal authorities joined forces with the Facebook security team to catch 10 people accused of being involved in a massive $850 million cyber-crime operation. The investigation stretched across the globe, involving the FBI and the U.S. Department of Justice as well as law enforcement officials from other countries in a case that ultimately led to the arrests of 10 individuals from Bosnia, Herzegovina, Croatia, Macedonia, New Zealand, Peru, the United Kingdom and the United States. According to the FBI, the operation identified cyber-crime rings linked to variants of the Yahos malware used as part of the Butterfly botnet. The malware is linked to more than 11 million compromised computer systems and more than $850 million in losses. Once on the system, the malware steals the victim's credit card numbers, banking information and other personally identifiable data. From 2010 to October, Yahos was used to target Facebook users, the FBI said. When the situation was detected, Facebook's security team began providing assistance to law enforcement to identify the perpetrators as well as those affected by the malware. "Facebook's Security Team is vigilant against any threats that target our site and the internet at large," the company said in a statement. "Every day, our team works to protect the people who use our site and their data from spam and malware. The Security Team partners with groups both within Facebook and in the computer security community at-large, to build secure systems and fight threats wherever we find them.
"This week, we were fortunate enough to work with the Federal Bureau of Investigation (FBI) and other industry leaders in taking down the Butterfly Botnet, also known as Yahos and Slenfbot," the company said.