Microsoft, Google took down $66 million cybercrime marketplace that sold virtual machines with free software

• So-called signal sharing between Microsoft and Google uncovered the RedVDS marketplace was behind large-scale cyber fraud
• RedVDS sold access to virtual machines running unlicensed software from which cybercriminals launched scams and directed attacks
• Threat data was shared securely via the Global Signal Exchange (GSE), a non-profit organization

A major cybercrime marketplace has been taken out of action thanks to cooperation between Microsoft and Google via a secure threat data sharing platform.

Known as the Global Signal Exchange, the collaboration led to the take-down of the RedVDS, an online cybercrime mall supplying virtual machines for launching phishing, business email compromise attacks, and more.