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Outsider provided phishing kits and infrastructure for cybercriminals to scam victims with lures claiming they missed packages, had unpaid tolls or parking violations. The post FBI takes down massive China-based cybercrime network that caused $1.9B in losses appeared first on CyberScoop.

The U.S. Federal Bureau of Investigation (FBI), in partnership with the Indonesian National Police, has dismantled the infrastructure associated with a global phishing operation that leveraged an off-the-shelf toolkit called W3LL to steal thousands of victims' account credentials and attempt more than $20 million in fraud

The FBI and authorities in The Netherlands this week seized a number of servers and domains for a hugely popular spam and malware dissemination service operating out of Pakistan. The proprietors of the service, who use the collective nickname "The Manipulaters," have been the subject of three stories published here since 2015. The FBI said the main clientele are organized crime groups that try to trick victim companies into making payments to a third party.