Monthly Archives: December 2012

Feds Arrest 10 for $850 Million Facebook Botnet Scam

The FBI and Department of Justice this week announced the arrests of 10 people associated with an international cyber crime ring that targeted Facebook users.

Using multiple variants of the Yahos malware, the scammers managed to compromise more than 11 million computers via the Butterfly Botnet, resulting in losses of more than $850 million. Yahos targeted Facebook users between 2010 and Oct. 2012, the feds said.

Officials around the world arrested individuals from Boznia and Herzegovina, Croatia, Macedonia, New Zealand, Peru, the U.K., and the U.S. They also executed a number of search warrants and conducted interviews with those involved in the case.

Facebook’s security team assisted law enforcement officials by helping to identify the root cause, perpetrators, and those affected by the malware, an FBI statement said.

The Facebook Security team posted a message on its blog Wednesday, assuring users that the company works every day to protect people

Read more at: http://www.pcmag.com/article2/0,2817,2413156,00.asp