Agari Partners with Microsoft & FBI to Break Up Cybercrime Ring
“Highly Sophisticated” Cybercrime Ring Dealt Serious Blow
A global cybercrime ring was dealt a serious blow today and Agari was at the heart of it.
Agari teamed up with Microsoft, the FBI, financial services organizations like FS-ISAC and NACHA, and other industry partners to disrupt “one of the most highly sophisticated and organized cybercrime rings in existence today.”
This cybercrime ring, known commonly as Citadel, targets people’s online banking information & personal identities, and is believed to be responsible for stealing over half a billion dollars (USD) and affecting more than five million people in 90 countries.
The criminal operation used more than a thousand botnets to infect computers with Citadel malware. The cybercriminals could then monitor and record the victim’s keystrokes. This tactic, known as keylogging, allowed access to a victim’s bank and other online accounts, resulting in the loss of money and private information.
Agari Provided Key Data and Insight to the Investigation
Agari’s role in the investigation was to provide insight from the terabytes of phishing data we process every month on the development and growth of these botnets to Microsoft and FS-ISAC members. That information, in conjunction with data from other participants, led to Microsoft filing a civil suit against the cybercriminals, requesting that communication be cut off between 1462 Citadel botnets and millions of computers under their control.
The investigation culminated today when Microsoft, escorted by U.S. Marshals, seized valuable data and evidence from the botnets, including computer servers from two data hosting facilities in New Jersey and Pennsylvania. Because of the size and the scope of the criminal operation, the botnets are not expected to be wiped out entirely, but instead disrupted enough to allow computers to be freed from the malware. Microsoft will work with ISP’s and CERT to contact people with infected computers.
This collaborative effort was a big win against cybercriminal activity. Agari remains committed to making the Internet a safer place and we are proud to have played a pivotal role in this botnet bust.
You can read more in this Wall Street Journal article: “Agari Teams Up with Microsoft, Financial Services and Others to Defeat Global Cybercrime Ring”
You can learn more about how financial institutions are targeted in phishing attacks here.
To see if your organization is at risk to phishing attacks, get your free domain risk assessment here.(Agari, Anti-Phishing, Botnets, cybercrime, malware, Microsoft)