Microsoft takes legal action against infostealer Lumma
Tech giant Microsoft says it has taken legal action against the information-stealing malware Lumma Stealer and has blocked thousands of websites related to the software.Microsoft said in a May 21 blog post that a federal...
Tech giant Microsoft says it has taken legal action against the information-stealing malware Lumma Stealer and has blocked thousands of websites related to the software.
Microsoft said in a May 21 blog post that a federal court in Georgia allowed the firm’s digital crimes unit to take down, block or suspend nearly 2,300 websites critical to Lumma’s operations, and it has collaborated with local and international law enforcement agencies to dismantle the project’s infrastructure.
The company said the US Department of Justice seized Lumma’s central command structure and disrupted marketplaces where the tool was sold to other cybercriminals.
Microsoft says that Lumma has been sold via underground forums since 2022 and that it has undergone multiple upgrades since its launch.
Domains seized by Microsoft. Source: Microsoft BlogEuropol’s European Cybercrime Center and Japan’s Cybercrime Control Center also facilitated the suspension of locally based Lumma infrastructure.
Lumma is a malware tool that allows malicious actors to steal everything from passwords, credit card information, bank account details, and crypto wallet information.
Between March 16 and May 16, Microsoft said it identified over 394,000 Windows computers infected by the Lumma malware and worked with law enforcement agencies and cybersecurity firms to sever communications between the tool and the infected devices.
Malicious activity on the riseCrypto drainers are software designed to steal the contents of crypto wallets and are common on phishing sites, malicious extensions, fake airdrops and more.
Earlier this week, Chinese printer manufacturer Procolored had reportedly distributed Bitcoin-stealing malware alongside its official drivers, resulting in the loss of around $953,000 worth of crypto.
Related: Beware of ‘cracked’ TradingView — it’s a crypto-stealing trojan
Last month, an AMLBot report said that crypto drainers are now being sold as a SaaS product, allowing unsophisticated bad actors to rent the service for as little as $100.
A Feb. 7 report from blockchain analytics firm Chainalysis said that almost $51 billion worth of crypto was lost in 2024 due to fraudulent activity and that professional crime networks, fraud cartels, nation-state-sponsored hackers and AI-powered scams have taken center stage.
The FBI’s cyber arm reported that Americans lost around $9.3 billion in 2024 through crypto scams and frauds. The most vulnerable age group was above the age of 60.
Meanwhile, North Korean hackers have stolen nearly $3 billion worth of cryptocurrencies between 2017 and 2023, which crypto firm Paradigm said have become more sophisticated over the years.
Magazine: TradFi is building Ethereum L2s to tokenize trillions in RWAs
Original source
Read on CointelegraphRelated market context
Elon Musk’s trillionaire status puts his net worth above crypto’s entire market cap outside Bitcoin
Elon Musk has become the first person in modern history to amass a personal net worth exceeding $1 trillion, crossing the historic...
THE THIRD RUSH: Where is the “Bitcoin” of the Ai Goldrush?
After months of deep thinking & a lot of discussions with some very smart people, I’ve decided to write an article for the first t...
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...
SpaceX’s $75 Billion IPO at $135 Sparks Fresh Crypto Bets
Key Takeaways: SpaceX’s IPO was priced at $135 a share to raise a record $75 billion. Offering will value the company at about $1....
Craig Gordon becomes oldest player at 2026 World Cup as crypto firms bet big on FIFA’s expanded tournament
The 2026 World Cup's crypto partnerships could redefine sports sponsorship, testing blockchain's scalability and NFT market maturi...
Kalshi co-founder Luana Lopes Lara becomes self-made billionaire
Kalshi's rise highlights the growing institutional interest in regulated prediction markets, potentially reshaping financial tradi...