23.6 C
New York
July 2, 2025
Cybercrime europe Hacking news Technology US news

Europol and US seize website domains, luxury goods in $6bn cybercrime bust

Europol and US seize website domains, luxury goods in bn cybercrime bust

‘World’s largest botnet’ – spread through infected emails – taken down through coordinated police action among several countries

US authorities announced on Thursday that they had dismantled the “world’s largest botnet ever”, allegedly responsible for nearly $6bn in Covid insurance fraud.

The Department of Justice arrested a Chinese national, YunHe Wang, 35, and seized luxury watches, more than 20 properties and a Ferrari. The networks allegedly operated by Wang and others, dubbed “911 S5”, spread ransomware via infected emails from 2014 to 2022. Wang allegedly accrued a fortune of $99m by licensing his malware to other criminals. The network allegedly pulled in $5.9bn in fraudulent unemployment claims from Covid relief programs.

Continue reading…

Related posts

Europe baked in ‘extreme heat stress’ pushing temperatures to record highs

TheWorldsNews

Iceland volcano erupts for fifth time shooting lava 50m into air – video

TheWorldsNews

Germany pauses buying Puma tanks after mass breakdown

TheWorldsNews

Pin It on Pinterest

Share This