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Microsoft Cracks Down on Global Scam Marketplace
15 Oct
Summary
- Microsoft dismantled the YAM Store, a marketplace for scamming tools.
- Scammers used CoGUI and Iron Man kits to send phishing messages.
- Over 20,000 scam accounts and 100,000 malicious domains were blocked.
Microsoft has announced a significant blow against global cybercrime, dismantling the YAM Store, an online marketplace for phishing tools. This operation, conducted with Japan's National Police Agency, targeted two primary phishing kits, CoGUI and Iron Man. These kits enabled scammers to distribute fake messages globally, impersonating entities like banks and police departments.
During the investigation, Microsoft identified that scammers purchased stolen Microsoft and Google accounts on YAM Store. The platform also exploited expired web domains of legitimate organizations to create fraudulent websites for its operations. As a result of this crackdown, Microsoft disabled over 20,000 accounts linked to YAM Store and blocked over 100,000 web domains.
