Between April and November 2010, the Information Warfare Monitor conducted an investigation into the operations and monetization strategies of the Koobface botnet. The researchers discovered archived copies of Koobface's infrastructure on a well-known Koobface command and control server. The data revealed a wealth of information about the inner workings of the botnet, including information on the malware, code, and database used to maintain the botnet as well as its monetization strategies. With this data, the Information Warfare Monitor was able to gain an in-depth understanding of how Koobface worked.
Koobface: Inside a Crimeware Network details Koobface's propagation strategies, counter-security measures, and business model. The report contributes to the cybercrime literature by shedding light on the malware ecosystem that enables and sustains cybercriminal activity, and by demonstrating that it is possible to leverage the mistakes made by cybercriminals in order to better understand the scope of their operations.