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News  ›  Benzinga

Google Sues Chinese Hackers Behind 'Lighthouse' Phishing Scheme Allegedly Targeting Millions Of US Credit Cards

Benzinga Logo Benzinga By Namrata Sen
Google Sues Chinese Hackers Behind 'Lighthouse' Phishing Scheme Allegedly Targeting Millions Of US Credit Cards

Google has filed a groundbreaking lawsuit under the RICO Act against a Chinese cybercriminal network called 'Lighthouse', alleging they orchestrated large-scale text message phishing attacks targeting 15-100 million potential US credit cards through fake websites impersonating Google's brand.

Insights
BACpO   positive

Largest retail bank in the US, 'too big to fail' status, diversified banking operations, and consistent dividend yield


GOOG   negative

Company is victim of cybercrime and taking legal action to deter future criminal activities