Microsoft has initiated 129 lawsuits against phishers in the past eight months, the company has said.
Speaking at a conference on identify theft in Brussells this week, MS said that it was working closely with law enforcement agencies around the world, providing information, technology and expertise to agencies looking to hunt down and bring in phishers.
The efforts have already resulted in a jail term for one Turkish scammer, and settlements with others. Microsoft has also incorporated an anti-phishing filter into Internet Explorer 7, and is collaborating with Google to identify and stop online scamming.
Phishing is going to net scammers around £1.4bn this year, which is a gigantically high number for such an aggravating fraud.
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