Facebook Donates $250,000 to University of Alabama at CIA|JFR to Fight Against Cybercrime
All of us, who are associated or directly involved in this cyber domain know very well that its almost impossible to stand against the rising cyber crime & cyber criminals. Then the very first question will arise and that is, what is the solution? The answer will be tie-up collaboration, unity in diversity. That means if we stand together and help each other, then definitely we can control cyber crime, not only that but also we can have a safe and secure cyber space. While talking about co-operation and collaboration then a live instance is here for you. It is your favorite social network, Facebook who stand against cyber criminals and donate $250,000 to help fight cyber crime. According to UAB News - The Center for Information Assurance and Joint Forensics Research at the University of Alabama at Birmingham has received a $250,000 donation from Facebook in recognition of the center’s role in tracking international criminals behind social-media botnet Koobface as well as other spammers. The donation, which comes from money Facebook has recovered from spammers located around the world, will be used to expand the new CIA|JFR headquarters.
“As a result of numerous collaborations over the years, Facebook recognizes the center as both a partner in fighting Internet abuse, and as a critical player in developing future experts who will become dedicated cybersecurity professionals,” says Joe Sullivan, chief security officer at Facebook. “The center has earned this gift for their successes in fighting cybercrime and because of the need for formal cybersecurity education to better secure everyone’s data across the world.”
Here we want to remind our readers that 'Koobface' was the most dangerous malware ever made to infiltrate Facebook made by few Russian hacker. The hackers, known as the Koobface gang, sent Facebook users attractive invitations to watch a funny or sexy video. When the unsuspecting users clicked the link, the message appeared saying that their computer’s Flash software needed updating. The “update” was in fact malware that hijacked the user’s clicks and delivered them to advertisers, making the hackers money -to the tune of over $2 million annually. According to Kaspersky Labs the network of infected computers included between 400,000 and 800,000 PC. Earlier in this year the entire Koobface gang was exposed and the C&C server of Koobface has been stopped prenatally by few German Researchers.
With this story here we, the entire VOGH Team would like to congratulate the team at the University of Alabama at Birmingham on the donation from Facebook. More power to them and similar experts around the world, helping investigate cybercrime and making the online world a safer place!
