Facebook Works With The FBI To Take Down Hackers In $850 Million Heist

Posted Dec 12, 2012

Facebook and FBI partnered to take down 10 hackers that had stolen $850 million in the last 2 years.  The hackers were spread across Bosnia, Herzegovina, Croatia, Macedonia, New Zealand, Peru, the United Kingdom, and the U.S.  Those hackers were responsible for “more than 11 million compromised computer systems and over $850 million in losses via the Butterfly Botnet, which steals computer users? credit card, bank account, and other personal identifiable information.?

A Facebook worm was used by the hackers to steal the names and passwords of over 45,000 Facebook users.  The investigation also involved the Computer Crime and Intellectual Property Section of the Department of Justice.

Facebook’s security team was able to detect affected accounts and they have set up tools to remove the threats.  The 10 hackers across those countries were arrested.

[Source: Global Post]