The China-linked operation has grown from a phishing kit marketplace into an active and growing community supporting a decentralized large-scale phishing ecosystem.
The company acted on a court order and collaborated with Cloudflare to seize RaccoonO365’s infrastructure, which was used to steal credentials from organizations in 94 countries.
A seal for the Department of Justice is seen on a podium ahead of a news conference with U.S. Attorney General Merrick Garland at the Department of Justice Building on March 21, 2024 in Washington, DC. (Photo by Anna Moneymaker/Getty Images)