Coreflood Botnet Takedown: $100M+ Fraud Disrupted

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In a landmark cybercrime operation, authorities have dismantled a vast network of compromised machines.

This sophisticated botnet, known as Coreflood, had ensnared approximately two million Windows-based computers over nearly ten years.

Its primary function was to secretly harvest sensitive financial information, including banking credentials, from infected users.

With court authorization, officials seized five control servers and 29 internet domains central to the botnet's operation.

Legal actions have been initiated against 13 unidentified individuals, suspected to be foreign nationals, for serious fraud and cybercrime charges.

While the exact financial damage is unconfirmed, estimates suggest potential losses could be in the hundreds of millions of dollars.

This unprecedented takedown allows the government to issue commands from its own servers to disrupt the malicious network.

Authorities celebrate this creative and proactive step but warn that similar threats could emerge to replace it.

They emphasize that updated antivirus software remains the public's best defense against such evolving cyber threats.

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