Microsoft Takes Down RedVDS Cybercrime Service That Stole Millions
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Microsoft partnered with international law enforcement to shut down RedVDS, a cybercrime marketplace that enabled attackers to steal millions from businesses worldwide. The $24-per-month service provided criminals with disposable virtual computers to launch phishing campaigns and business email compromise attacks.
RedVDS facilitated major thefts, including $7.3 million from Alabama pharmaceutical company H-2 Pharma and nearly $500,000 from a Florida condominium association. The service operated at massive scale, with 2,600 virtual machines sending 1 million phishing messages daily to Microsoft customers alone.
Since September, attackers compromised over 191,000 organizations globally using RedVDS infrastructure. Microsoft seized two key domains and laid groundwork to identify the operators behind the service.
Source: Dark Reading