Cyber Heist Foiled: DOJ Seizes Domain, Thwarts $28M Bank Scam!

The DOJ seized a domain linked to a cybercrime group using malicious ads to steal millions. This group lured victims to fake bank sites, swiping their credentials like a kleptomaniac at a password convention. With $14.6 million in losses and no arrests yet, it’s a digital game of catch-me-if-you-can.

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Hot Take:

Looks like the Justice Department is playing “Catch Me If You Can” with cybercriminals, but this time it’s not Leonardo DiCaprio behind the screen. With their latest seizure of a web domain and password database, the DOJ is reminding cyber thieves that “You shall not pass!” into innocent bank accounts. But seriously, folks, can we all just agree to stop clicking on shady links that promise us Nigerian princes? It’s 2023, and the internet is still a jungle out there.

Key Points:

  • The DOJ seized a domain used by cybercriminals for a bank account takeover scheme.
  • Malicious ads led users to fake bank websites to steal login credentials.
  • Nearly $28 million was targeted, with actual losses around $14.6 million.
  • Estonian law enforcement helped preserve and collect data from the operation.
  • Troy Hunt analyzed 630 million compromised passwords; unclear if related to DOJ seizure.

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