'Most devastating cybercriminal tools in history': Global investigation infiltrates malware network

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'Most devastating cybercriminal tools in history': Global investigation infiltrates malware network
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In an operation dubbed 'Duck Hunt', the FBI and partners seize control of malware network Qakbot, which has crippled millions of tech users for over 15 years.

US Attorney Martin Estrada announces the seizure of the Qakbot malware network.abc.net.au/news/fbi-europol-seize-control-of-malware-network-qakbot/102793266The FBI and European partners have infiltrated and seized control of a major global malware network that had crippled businesses and technology users for more than 15 years.

The malicious software agent, better known as Qakbot, had facilitated about 40 ransomware attacks over 18 months alone and reportedly netted administrators about $US58 million . But Qakbot has been removed from thousands of infected computers following a successful operation, US officials said on Tuesday local time.Officials said $US8.6 million in cyber currency was seized or frozen but no arrests were announced.Officials estimated the so-called malware loader, also known as Pinkslipbot and Qbot, caused hundreds of millions of dollars in damage since first appearing in 2008 as an information-stealing bank Trojan.

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