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Authorities arrest man allegedly running 'likely world's largest ever' cybercrime botnet
An international law enforcement team has arrested a Chinese national and disrupted a major botnet that officials said he ran for nearly a decade.
WASHINGTON (AP) — An international law enforcement team has arrested a Chinese national and disrupted a major botnet that officials said he ran for nearly a decade, amassing at least $99 million in profits by reselling access to criminals who used it for identity theft, child exploitation, and financial fraud, including pandemic relief scams. Wang was arrested in Singapore, and search warrants were executed there and in Thailand, the FBI’s deputy assistant director for cyber operations, Brett Leatherman, said in a LinkedIn post. Cybercriminals used Wang’s network of zombie residential computers to steal “billions of dollars from financial institutions, credit card issuers and accountholders, and federal lending programs since 2014,” according to an indictment filed in Texas’ eastern district.
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