Microsoft, FBI take down cyber crime network

June 06, 2013 22:03

Microsoft, FBI and other authorities joined hands to take down a cyber crime network that is believed to have caused losses worth over $500 million, the US-based software giant said today.

"The Microsoft Digital Crimes Unit worked with leaders of the financial services industry, other technology industry partners and the Federal Bureau of Investigation to disrupt a massive cyber threat responsible for stealing people's online banking information and personal identities," Microsoft said in a statement.

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