FBI, DoJ take out $10 Million “Bugat” banking botnet

The FBI and US Department of Justice today said they disrupted the activities and arrested the administrator of the botnet known as “Bugat,”  “Cridex” or “Dridex,” which authorities said pilfered over $ 10 million.

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The FBI called Bugat a sophisticated malware package designed to steal banking and other credentials from infected computers and is generally distributed through phishing. The software typically can upload files from an infected computer and download executable files to the victim’s system. Collected information id sent to the criminal’s system. Bugat is specifically designed to defeat antivirus and other protective measures employed by victims.

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