Microsoft Disrupts Cybercrime Service That developed 750 Million fraud Accounts

Microsoft has declared that Storm-1152, a cybercrime-as-a-service (CaaS) ecosystem, has been disrupted. The scheme created 750 million fake Microsoft accounts to facilitate identity theft, phishing, and other fraudulent activities.

It is estimated that the CaaS has generated millions of dollars in illegal profits by setting up fictitious accounts that other cybercrime organizations use for ransomware, phishing, spam, distributed denial-of-service (DDoS), and other forms of attacks.

“Storm-1152 operates illegitimate websites and social media pages where fake Microsoft accounts and methods for getting around identity verification software are sold on popular tech platforms. According to Microsoft, these services cut down on the time and effort required for criminals to engage in a variety of illegal and abusive online behaviors.

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