Is Qakbot Ransomware Finally Defeated?

The FBI has announced the successful takedown of the Qakbot ransomware program, a major global malware network that has been active for over 15 years. Through a months-long effort known as Operation Duck Hunt, the FBI, along with its European partners, infiltrated and seized control of the network, remotely removing the malicious Qakbot software from thousands of infected computers. The Qakbot network, also known as Pinkslipbot and Qbot, has been responsible for numerous online crimes, including ransomware attacks that netted the administrators around $58 million. While the FBI has estimated that they seized or froze $8.6 million in cybercurrency, no arrests have been made at this time. The investigation is ongoing, and it is believed that the administrators of Qakbot are located in Russia and/or other former Soviet states. Cybersecurity experts applaud the success of the takedown but caution that setbacks to cybercrime are often temporary. Qakbot has caused hundreds of millions of dollars in damage since 2008, affecting millions of people worldwide.

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