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White Ops today reported that a group of Russia-based cybercriminals is stealing $3 million to $5 million daily from premium-video-focused advertisers. The fraud-fighting player discovered an extensive network of automated web browsers called Methbot, which it says consists of custom software running on data servers in Amsterdam and Dallas.
According to White Ops, Methbot runs differently than common fraud bots, which usually infect computers with malicious software that serve ads seen by zero people. The ring of fraudsters created approximately 600,000 counterfeit IP addresses that appear to be legitimate, the researchers said, by hacking into a pair of the world's regional internet registries.