Get 40% Off
📈 Free Gift Friday: Instantly Copy Legendary Investors' PortfoliosCopy for Free

US says it and partners have taken down notorious 'Qakbot' hacking network

Published 08/29/2023, 12:18 PM
Updated 08/29/2023, 02:16 PM
© Reuters.

By Christopher Bing and David Ljunggren

WASHINGTON (Reuters) -U.S. authorities on Tuesday said an international law enforcement operation had taken down the notorious "Qakbot" malware platform used extensively by cybercriminals in a variety of financial crimes.

First discovered more than a decade ago, Qakbot is commonly spread through malicious, boobytrapped emails sent to unsuspecting victims.

The U.S. Department of Justice said the operation, nicknamed Duck Hunt, involved the Federal Bureau of Investigation as well as France, Germany, the Netherlands, Britain, Romania and Latvia.

U.S. attorney Martin Estrada said the move against Qakbot was the most significant technological and financial operation ever led by the department against a botnet. The term botnet is used to refer to an interconnected network of infected computers that hackers use to spread viruses.

"Together we have taken down Qakbot and saved countless victims from future attacks," he told a news conference.

Security researchers say they believe Qakbot originates from Russia and has attacked organizations around the world, from Germany to Argentina.

Estrada said Qakbot malware had infected more than 700,000 victim computers, facilitated ransomware deployments, and caused hundreds of millions of dollars in damage to businesses, healthcare providers, and government agencies.

As part of the operation, agencies seized 52 servers in the United States and abroad.

Investigators found evidence that between October 2021 and April 2023, Qakbot administrators received fees corresponding to approximately $58 million in ransoms paid by victims.

In order to cripple the cybercrime network, the FBI said it had redirected Qakbot internet traffic to bureau-controlled servers that effectively uininstalled the corresponding malware from victim computers.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

In doing so, the FBI said it had actively removed malicious files from private systems while not viewing or collecting any personal information.

In a statement, FBI Director Christopher Wray said victims ranged from financial institutions on the East Coast to a critical infrastructure government contractor in the Midwest to a medical device manufacturer on the West Coast.

"The FBI neutralized this far-reaching criminal supply chain, cutting it off at the knees," he said.

Latest comments

Originated from Russia but have 68 server located in US.. BS.. Only thing these guy know is blame it on Russians or Chinese.. It's never any Americans
what do you mean? this article is about qakbot, and it's well established it originated from russia..
Ravi that's because the authoritarian dictatorships ,Russia and China, are the amoral criminals that promote the theft of intellectual property and blackmail in the West to further their political and economic goals.
Somehow, somewhere I don't believe the government.
I call BS. If the US Federal government had access to your system, they didn’t just delete malicious files.
russiant(roll)-alert...
rthfyhai
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.