Microsoft has seized several fraudulent websites and halted their operations after identifying that they were part of a criminal enterprise operating out of Vietnam. The organization, known as Storm-1152, created fraudulent Microsoft accounts to sell to cybercriminals, generating millions in illicit earnings. Microsoft’s actions highlight the growing role private-sector companies are playing in cybersecurity enforcement. Experts believe the seizure will disrupt the criminals’ operations, at least temporarily, and will serve as a deterrent for other cybercriminal groups.

Breached Identities and Infostealers: One of the Largest Ongoing Data Leak in History
Infostealer malware, which steals user data like bank account and crypto wallet information, is emerging as a major threat to corporate information security in 2024.