Privacy Blog

“By continuing the process of inflation, governments can confiscate secretly and unobserved an important part of the wealth of their citizens.” – John Maynard Keynes, writing about the effects of a seemingly small amount of inflation every year.

International Authorities Take Down Massive ‘Avalanche’ Botnet

Investigators from the U.S. Department of Justice, the FBI, Eurojust, Europol, and other global partners announced the takedown of a massive botnet named “Avalanche,” estimated to have involved as many as 500,000 infected computers worldwide on a daily basis.

“The monetary losses associated with malware attacks conducted over the Avalanche network are estimated to be in the hundreds of millions of dollars worldwide, although exact calculations are difficult due to the high number of malware families present on the network,” the FBI and DOJ said in their joint statement.

Details may be found at https://goo.gl/aj1YXQ.

Categories: Scams

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