The FBI has dismantled the world's largest botnet, involving 19 million infected computers leased to hackers for cybercrimes. The botnet enabled financial fraud, identity theft, and access to child exploitation materials worldwide, leading to billions of dollars in victim losses. The alleged administrator, YunHe Wang, a Chinese citizen, was arrested in Singapore and faces charges related to deploying malware and operating a residential proxy service.
Key Points
Botnet involved 19 million infected computers
Enabled financial fraud, identity theft, and access to child exploitation materials
Alleged administrator, YunHe Wang, arrested in Singapore
Pros
Disruption of a major cybercriminal operation
Prevention of financial fraud and identity theft
Cons
Millions of devices compromised without owners' knowledge