Microsoft Crushes Cybercrime Subscription Service Behind $40 Million Fraud Spree

Microsoft and international law enforcement disrupted RedVDS, a subscription-based criminal marketplace that provided disposable virtual machines and related infrastructure for large-scale phishing and business email compromise; the service enabled an estimated $40M in reported U.S. fraud, affected roughly 191,000 organizations worldwide, sent up to one million phishing messages per day, and was used with AI tools (voice/video cloning, face-swapping) to perpetrate realistic impersonation and redirect funds from victims across sectors including real estate, healthcare, and manufacturing.