Police dismantle world's 'most dangerous' criminal hacking network

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(Reuters) – International law enforcement agencies said on Wednesday they had dismantled a criminal hacking scheme used to steal billions of dollars from businesses and private citizens worldwide.
Police in six European countries, as well as Canada and the United States, completed a joint operation to take control of Internet servers used to run and control a malware network known as “Emotet,” authorities said in a statement.
“Emotet is currently seen as the most dangerous malware globally,” Germany’s BKA federal police agency said in a statement. “The smashing of the Emotet infrastructure is a significant blow against international organised Internet crime.”
Emotet is used by cyber criminals to first gain access to a victim’s computer before then downloading additional malicious software, such as trojans designed to steal banking passwords or ransomware which can lock a computer until an extortion fee is paid.

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