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Russian 'methbot' fraud steals $180 million in online ads
Russian cybercriminals have built a new high-tech fraud enterprise: Showing real ads to fake people. The fraud has siphoned more than $180 million from the online ad industry, according to researchers. Dubbed "Methbot," it is a new twist in an increasingly complex world of online crime, according to White Ops, the cybersecurity firm that discovered the operation. "This is a very advanced cyber operation on a scale no one's seen before," said Eddie Schwartz, White Ops chief operating officer. Methbot, so nicknamed because the fake browser refers to itself as the "methbrowser," operates as a sham intermediary ... (full story)