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Microsoft Takes Legal Action against Covid-19-Related Cybercrime

The first cases were observed by Microsoft`s Digital Crime Unit (DCU) in December 2019. Cybercriminals have launched a well-thought-out phishing scheme with the goal of compromising Microsoft`s customer accounts. With the deployment mentioned, they could gain access to the customer`s emails, contact lists, sensitive documents, and other valuable information. Microsoft has followed patterns and adopted an approach to block criminals and implanted malicious applications. But now criminals are using COVID-19-related bait in phishing emails to target customers. This attack can be classified as a Business Email Compromise (BEC) attack with increased complexity and complexity. BEC crimes are the most expensive reported crimes, as mentioned by the FBI, according to its 2019 report. The public has somehow diverted their attention from the economic losses caused by cybercrime, but this is undoubtedly of utmost importance. However, Microsoft is working hard to combat such crimes by appealing to the law in different parts of the world. Business Email Compromise (BEC) attacks caused losses of more than $1.7 billion, accounting for nearly half of all financial losses due to cybercrime, according to the FBI`s 2019 Internet Crime Report. Despite Microsoft`s efforts, the company can`t stop all attacks.

To help protect against phishing campaigns, including BEC, Microsoft recommends that you first enable two-factor authentication for all work and personal email accounts. Second, learn how to recognize and protect yourself from phishing schemes. Third, enable security alerts on links and files from suspicious websites and carefully check your email forwarding rules for suspicious activity. Microsoft is fulfilling its duty to closely monitor these activities. This allows Microsoft to block all malicious web applications related to telemetry. This approach has helped to develop the security and protection system. However, there may be instances where cybercriminals try to outdo any defense mechanism installed by Microsoft. Microsoft believes that the solution to such cases is to work on a legal action. This unique civil lawsuit against COVID-19-based BEC attacks paved the way for the proactive disabling of key areas that reside in the criminals` malicious infrastructure. This approach is an important step in maintaining customer protection. As we`ve observed, cybercriminals have adjusted their bait to take advantage of current events by using COVID-19-related topics to trick victims. While the bait has changed, the underlying threats remain, evolve and grow, and it is more important than ever to remain vigilant against cyberattacks.

The Oregon FBI`s Tech Tuesday segment provides information on building a digital defense against SMiShing. Tags: Business, COVID-19, Cyberattacks, Cybercrime, Digital Crimes Unit, Office 365, Phishing This malicious activity is another form of BEC (Business Email Compromise) attack that has grown in complexity, sophistication and frequency in recent years. According to the FBI`s 2019 Internet Crime Report, the most expensive complaints received by its Internet Crime Complaint Center (IC3) involved BEC crimes with losses of more than $1.7 billion, accounting for nearly half of all financial losses due to cybercrime. While much of the public attention in recent years has rightly focused on the malign actions of state actors, the growing economic damage caused by cybercriminals must also be considered and combated by both the public and private sectors. Microsoft and our Digital Crime Unit will continue to investigate and disrupt cybercriminals, and will seek to collaborate with law enforcement agencies around the world wherever possible to stop these crimes. Microsoft announced Tuesday that it has filed a lawsuit to stop a massive COVID-19 hacking campaign. The lawsuit, unveiled in the U.S. District Court for the Eastern District of Virginia, allowed the tech giant to take control of the domains used by hackers to scam their victims. Microsoft takes many steps to monitor and block malicious web applications based on telemetry data indicating atypical behavior, and has continued to improve our protection based on this activity. In cases where criminals suddenly and massively scale their activities and act quickly to adapt their techniques to bypass Microsoft`s built-in defenses, additional actions such as the lawsuits filed in this case are needed. This unique civil case against COVID-19-themed BEC attacks allowed us to proactively disable key areas that are part of the criminals` malicious infrastructure, which is a critical step in protecting our customers.

In the case of a phishing scam, you may receive an email that appears to be from a legitimate company asking you to update or verify your personal information by replying to the email or visiting a website. The web address can be similar to an address you used before. Email can be persuasive enough to get you to take the desired action. Today, Microsoft announced that it has filed a lawsuit to disrupt the work of cybercriminals who were exploiting people vulnerable to the COVID-19 crisis. “In cases where criminals suddenly and massively expand their business and act quickly to adapt their techniques to bypass Microsoft`s built-in defenses, additional actions such as the lawsuits filed in this case are needed,” Burt added. Alleged Zeus cybercrime leader, `Tank`, arrested by Swiss police The civil lawsuit against the BEC COVID-19 attacks has allowed Microsoft to proactively disable key areas that are part of the criminals` malicious infrastructure, which is a crucial step in protecting our customers. This isn`t the first time Microsoft has used the courts to block hacking efforts. In December, Microsoft announced a lawsuit against North Korean hackers to take more than 50 domains claiming to belong to the tech giant, and the same goes for hacker groups from Russia and Iran. Redmond has also spotted state actors using COVID-19 baits in campaigns against healthcare facilities, with the company notifying dozens of hospitals of VPN devices and gateways exposed on their networks to defend against such attacks. To help protect yourself from phishing campaigns, including BEC, we recommend that you first enable two-factor authentication for all work and personal email accounts. Second, learn how to recognize and protect yourself from phishing schemes.

Third, use SmartScreen and consider blocking automatic email forwarding to make it harder for cybercriminals to steal your information. Organizations can learn how to detect and remediate these types of attacks and take these steps to strengthen the security of their organizations. Windows 10 KB5020030 Preview Update Released with Ten Improvements Organizations can learn how to detect and remediate these types of attacks and take these steps to strengthen the security of their organizations.

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