Microsoft and Google shut down RedVDS cybercrime marketplace worth $66 million
Microsoft and Google collaborated to take down the RedVDS cybercrime marketplace that sold virtual machines for fraud.
Joint action removes online mall
The two tech giants used a secure threat data sharing platform called the Global Signal Exchange to identify the site. Both companies suspended the operation and seized the associated domains and servers involved in the fraud.
Virtual machines enabled scams
RedVDS supplied access to virtual machines running unlicensed software that criminals used for phishing attacks. These machines allowed hackers to launch business email compromise schemes and other large-scale cyber fraud operations.
Threat data revealed scope
Microsoft's Digital Crimes Unit monitored the marketplace closely before the joint takedown occurred. The cooperation highlighted how sharing information helps stop quickly deleted virtual machines from being used for crime.
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