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News/Cyber & Privacy/FBI Takes Down Massive China-Based Cybercrime Network That Caused $1.9B in Losses
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News·Cyber & Privacy Brief

FBI Takes Down Massive China-Based Cybercrime Network That Caused $1.9B in Losses

CyberScoop – The FBI, along with Google and Lumen Technologies, took down a major cybercrime network based in China that was responsible for an estimated $1.9 billion in losses, officials said Friday. Outsider, which provided phishing kits and hosted infrastructure for cybercriminals since July 2023, facilitated a wave of phishing attacks against people and businesses in 55 countries, including the United States, the FBI said in a LinkedIn post.

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