Cybercrime, Europe, US news, Technology, Hacking Business | The Guardian
‘World’s largest botnet’ – spread through infected emails – taken down through coordinated police action among several countriesUS authorities announced on Thursday that they had dismantled the “world’s largest botnet ever”, allegedly responsible for nearly $6bn in Covid insurance fraud.The Department of Justice arrested a Chinese national, YunHe Wang, 35, and seized luxury watches, more than 20 properties and a Ferrari. The networks allegedly operated by Wang and others, dubbed “911 S5”, spread ransomware via infected emails from 2014 to 2022. Wang allegedly accrued a fortune of $99m by licensing his malware to other criminals. The network allegedly pulled in $5.9bn in fraudulent unemployment claims from Covid relief programs. Continue reading…
‘World’s largest botnet’ – spread through infected emails – taken down through coordinated police action among several countries
US authorities announced on Thursday that they had dismantled the “world’s largest botnet ever”, allegedly responsible for nearly $6bn in Covid insurance fraud.
The Department of Justice arrested a Chinese national, YunHe Wang, 35, and seized luxury watches, more than 20 properties and a Ferrari. The networks allegedly operated by Wang and others, dubbed “911 S5”, spread ransomware via infected emails from 2014 to 2022. Wang allegedly accrued a fortune of $99m by licensing his malware to other criminals. The network allegedly pulled in $5.9bn in fraudulent unemployment claims from Covid relief programs.
