Authorities have arrested 10 individuals allegedly tied to a global phishing scheme that exploited Facebook and used a botnet to compromise more than 11 million computers and steal more than $850 million. Experts say banking institutions need to take several important steps to support the ongoing cyberfight, including sharing more information with law enforcement and using stronger authentication and end-user security. “You need private companies to help you know who to arrest,” says Dave Jevans, head of online security firm Marble Cloud and a member of the Anti-Phishing Working Group.”]
Source: https://www.cuinfosecurity.com/850-million-scheme-exploited-facebook-a-5360