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Facebook helps FBI bust cybercriminals blamed for $1b losses

Published on Dec 12, 2012 10:48 AM

SAN FRANCISCO (REUTERS) - Investigators led by the Federal Bureau of Investigation and aided by Facebook Inc , have busted an international criminal ring that infected 11 million computers around the world and caused more than $850 million (S$1 billion) in total losses in one of the largest cybercrime hauls in history.

The FBI, working in concert with the world's largest social network and several international law enforcement agencies, arrested 10 people it says infected computers with "Yahos" malicious software, then stole credit card, bank and other personal information.

Facebook's security team assisted the FBI after "Yahos"targeted its users from 2010 to Oct 2012, the US federal agency said in a statement on its website. The social network helped identify the criminals and spot affected accounts, it said.

Its "security systems were able to detect affected accounts and provide tools to remove these threats", the FBI said.

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