30 September 2014

Russian security services bust notorious malware ring

21 March 2012  |  5446 views  |  0 digital fingerprints

Russian police have arrested eight men in connection with a cybercrime ring that used the malicious carberp trojan to loot millions of pounds from online bank accounts across the country and worldwide.

The Federal Security Service (FSB) and Ministry of the Interior (MVD) arrested two brothers, who are believed to be the ringleaders of the operation, and six other accomplices.

The gang secreted the malware in the bookmarks of popular Web sites, stealing data from Web users during frequent drive-by downloads.They used a network of mules to divert funds to other accounts for withdrawal from cash machines.

Russian authorities say the gang looted at least £1.3 million from 90 accounts during a six-month spree, but may also have been responsible for a worldwide carberp exploit that has netted as much as £2.8 million in a recent three-month period in Russia alone.

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

05 March, 2012
01 November, 2011
28 June, 2011
14 April, 2011
24 March, 2011
21 January, 2011
09 November, 2010
01 October, 2010
10 August, 2010
29 July, 2010
27 July, 2010
14 July, 2010
06 July, 2010
18 November, 2009
16 November, 2009
13 August, 2009
29 May, 2009
04 December, 2008

Featured job

to £90k base + Commission + Benefits
London, UK

Find your next job