Authorities seized computers and servers in the United States and seven other countries this week as part of an ongoing investigation of a hacking gang that stole $72 million by tricking people into buying fake anti-virus products. Police in Ukraine said the thieves fleeced unsuspecting consumers with the help of the infamous Conficker worm, although it remains unclear how big a role the fast-spreading worm played in this crime.
If your Microsoft Windows PC was attacked by fake anti-virus or “scareware” in the past few years, chances are good that the attack was made possible by ChronoPay, Russia’s largest processor of online payments.
Tens of thousands of documents stolen and leaked last year from ChronoPay offer a fascinating view into a company that has artfully cultivated and profited handsomely from the market for scareware, which hijacks victim PCs with fake security alerts in a bid to frighten users into paying for worthless security software.
