An operation led by the FBI and Department of Justice, in conjunction with international law enforcement agencies, has taken down the botnet infrastructure of Qakbot, a malware platform that has been used to commit ransomware, financial fraud and other cybercrimes, according to the FBI.
In operation since 2008, Qakbot malware has caused hundreds of millions of dollars in losses to people and businesses worldwide, the FBI reported. The operation identified more than 700,000 infected computers worldwide, with over 200,000 of those computers located in the U.S.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.