Microsoft, Google took down $66 million cybercrime marketplace that sold virtual machines with free software
- So-called signal sharing between Microsoft and Google uncovered the RedVDS marketplace was behind large-scale cyber fraud
- RedVDS sold access to virtual machines running unlicensed software from which cybercriminals launched scams and directed attacks
- Threat data was shared securely via the Global Signal Exchange (GSE), a non-profit organization
A major cybercrime marketplace has been taken out of action thanks to cooperation between Microsoft and Google via a secure threat data sharing platform.
Known as the Global Signal Exchange, the collaboration led to the take-down of the RedVDS, an online cybercrime mall supplying virtual machines for launching phishing, business email compromise attacks, and more.
The marketplace – which provided quickly-deleted and therefore virtually untraceable VMs – was meticulously monitored by Microsoft’s security team, Digital Crimes Unit, with both Microsoft and Google suspending the operation and action taken to seize domains and servers.
A secondary case featuring the GSE identified a Microsoft-impersonating tech...
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