FBI Seizes Cybercrooks’ $14.6M Loot: A Comedy of (Phishing) Errors!

The U.S. government has seized the web3adspanels.org domain used by cybercriminals to host stolen bank credentials. This phishing scheme cost victims $14.6 million, with attempted losses nearing $28 million. The FBI and international partners are hot on the cyber trail, so maybe the bad guys should consider a career change.

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Hot Take:

Looks like the U.S. government just took a big bite out of cybercrime with their latest domain seizure. Those cybercriminals thought they were hosting a rave for stolen credentials, but Uncle Sam just turned off the music and flipped on the lights. Who knew one domain could cause such a phishing frenzy? Better bookmark those legit banking portals, folks, because searching for bank sites is like playing Russian roulette with your savings.

Key Points:

  • The U.S. government seized the ‘web3adspanels.org’ domain used by cybercriminals for phishing attacks.
  • Cybercriminals targeted American citizens via fraudulent ads on Google and Bing.
  • Estimated financial loss from these attacks is $14.6 million, with attempted losses around $28 million.
  • The FBI identified at least 19 victims across the U.S., including two companies in Georgia.
  • Users are advised to bookmark official banking portals and consider using ad blockers to avoid phishing traps.

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