"Cybercrime Operation That Sold Millions of Fraudulent Microsoft Accounts Disrupted"

Microsoft has disrupted Storm-1152, an alleged threat actor group that built Cybercrime-as-a-Service (CaaS) businesses. CaaS is a business model in which adversaries with superior skills create attack tools, such as automated bots, to sell to other fraudsters who may not be technically savvy, thus increasing cybercrime and fraud opportunities. The CaaS model encourages and enables more people to commit fraud at a rate and volume that can overwhelm even the most experienced internal Security Operation Center (SOC) teams. According to Arkose Labs, CaaS is partly to blame for the 167 percent increase in bot attacks this year. This article continues to discuss Microsoft's disruption of Storm-1152.

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Submitted by grigby1