Microsoft and FBI take down Citadel Botnet family impacting 5,000,000 users
This large botnet attack was designed to steal banking credentials which could in turn be used to steal actual monies. This action performed by law enforcement officers and with the help of Microsoft, helps to improve e-commerce safety.
QUOTE: Microsoft today announced that, in coordination with the FBI, it has disrupted more than 1,000 botnets used to steal people's banking information and identities. The malware, dubbed Citadel, resulted in losses of more than $500 million and affected more than 5 million people.
Citadel installed key-logging software onto a computer, which tracked everything a person typed. That allowed the scammers to steal passwords and gain direct access to a PC user's bank account. "The harm done by Citadel shows the threat that botnets, malicious software, and piracy pose to individuals and businesses around the world," Brad Smith, Microsoft general counsel, said in a statement. "Today's coordinated action between the private sector and law enforcement demonstrates the power of combined legal and technical expertise and we're going to continue to work together to help put these cybercriminals out of business."
Microsoft has been working with the FBI on taking down Citadel since early 2012. Last week, it filed suit against those operating the botnet and received authorization from a North Carolina district court to shut down communication between 1,462 Citadel botnets and the millions of computers under their control.