Thursday, June 23, 2011

Scareware Scammers Targeted In Huge FBI Bust


WASHINGTON (Reuters) - Police in the United States and seven other countries seized computers and servers used to run a "scareware" scheme that has netted more than $72 million from victims tricked into buying fake anti-virus software. Twenty-two computers and servers were seized in the United States and 25 others in France, Germany, Latvia, Lithuania, the Netherlands, Sweden and the United Kingdom, the U.S. Justice Department said in a statement on Wednesday. 


The suspects involved in the scheme, who were not identified, planted "scareware" on the computers of 960,000 victims. The scareware would pretend to find malicious software on a computer. The goal is to persuade the victim to voluntarily hand over credit card information, paying to resolve a nonexistent problem. "Scareware is just another tactic that cyber criminals are using to take money from citizens and businesses around the world," said Assistant Director Gordon Snow of the FBI's cyber division. 'BOTNETS'

A botnet is essentially one or more servers that spread malicious software and use the software to send spam or to steal personal information or data that can be used to empty a victim's bank account.

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