Tech giant Microsoft has announced that it has taken legal action against the information-stealing malware Lumma Stealer and has blocked thousands of websites associated with the software.
In a blog post on May 21, Microsoft stated that a federal court in Georgia allowed its digital crimes unit to dismantle, block, or suspend nearly 2,300 websites critical to Lumma's operations, collaborating with local and international law enforcement agencies to take down the project's infrastructure.
The company reported that the U.S. Department of Justice (DOJ) seized Lumma's central command structure and disrupted the market for the tool sold to other cybercriminals.
Microsoft noted that Lumma has been sold on underground forums since 2022 and has undergone multiple upgrades since its launch.
Europol's European Cybercrime Centre and Japan's Cyber Crime Control Center also assisted in suspending the operation of local Lumma infrastructure.
Lumma is a malware tool that allows malicious actors to steal a variety of data, ranging from passwords, credit card information, and bank account details to cryptocurrency wallet information.
Between March 16 and May 16, Microsoft reported identifying over 394,000 Windows computers infected with Lumma malware and worked with law enforcement and cybersecurity companies to sever the tool's communication with infected devices.
Cryptocurrency stealing software is designed to steal the contents of cryptocurrency wallets and is commonly found on phishing websites, malicious extensions, and fake airdrops.
Earlier this week, it was reported that Chinese printer manufacturer Procolored distributed malware that steals Bitcoin (BTC) through its official drivers, resulting in a loss of approximately $953,000 in cryptocurrency.
Last month, a report from AMLBot stated that cryptocurrency stealing software is now being sold as a SaaS product, allowing technically inexperienced malicious actors to rent the service for as low as $100.
According to a report by blockchain analysis firm Chainalysis on February 7, cryptocurrency losses due to fraud activities are nearing $51 billion in 2024, with professional crime networks, fraud groups, state-sponsored hackers, and AI-driven scams becoming focal points.
The cyber division of the FBI reported that Americans lost approximately $9.3 billion through cryptocurrency scams and fraud in 2024, with the most vulnerable age group being those over 60.
Meanwhile, North Korean hackers have stolen nearly $3 billion in cryptocurrency between 2017 and 2023, with the cryptocurrency company Paradigm stating that these hackers' techniques have become more sophisticated in recent years.
Related: "Hawk Tuah girl" Haliey Welch claims the FBI investigated her "meme coin disaster"
Original article: “Microsoft Takes Legal Action Against Info Stealer Lumma”
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