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Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Matt Day.

June 5, 2013 at 7:15 PM

Microsoft helps disrupt thousands of botnets used in financial cybercrimes

Microsoft said today that it, along with financial services and tech industry partners and the FBI,  helped disrupt more than a thousand botnets using Citadel malware that enabled a cybercrime ring to steal people’s online banking information and personal identities.

The global cybercrime ring is believed to be responsible for more than a half billion dollars in financial fraud, according to Microsoft.

Botnets are networks of virus-infected computers that can send out spam or viruses.

Microsoft noted that it does not expect to be able to fully eliminate all the botnets using  Citadel malware because of Citadel’s size and complexity but “we do expect that this action will significantly disrupt Citadel’s operation, helping quickly release victims from the threat and making it riskier and more costly for the cybercriminals to continue doing business.”

 

Comments | More in Microsoft | Topics: botnet, citadel

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