Microsoft has teamed with federal law enforcement to disrupt the technology supporting a cybercrime ring that has drained funds from accounts at some of the nation's biggest banks.
The software giant and the FBI last month shuttered roughly 1,000 of about 1,460 connected computers that were allegedly used to steal more than $500 million from financial institutions over the past 18 months, the company announced last month. The network of so-called botnets known as Citadel infected as many as five million computers worldwide and facilitated thefts from a string of financial institutions. Using malware, the perpetrators were able to monitor and record account holders' keystrokes, which gave access to withdraw money from accounts or steal personal information, Microsoft said. Neither Microsoft nor the FBI specified the extent of losses at individual banks or accounts.
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