11 December 2017
visit www.aciworldwide.com

Russia arrests malware gang suspects

10 February 2017  |  6333 views  |  0 Moscow, Russia

Russian police have arrested nine people accused of participation in a massive criminal gang which used malware to steal millions of dollars from financial institutions.

The latest arrests saw suspects from across Russia picked up last month, with the court remanding one in custody, says the Ministry of Internal Affairs.



Some 50 alleged gang members had already been arrested last summer during raids that led to the seizure of over 90 items of computer hardware, nearly 4.5 million roubles, and some arms.

Over several years, the gang used malware to set up a network of bots on infected computers to carry out the cyber attacks, targeting accounts belonging to corporate entities as well as correspondent accounts belonging to financial institutions. Sberbank is among the victims.

The scam is thought to have netted over 1.7 billion roubles (about $25 million) from customer accounts with various Russian banks. The crooks also tried to steal another 2.3 billion roubles by issuing false payment instructions which had been blocked, says the government.

Of the original 50 arrested, 19 have been jailed and another 27 charged.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

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

Related stories

Russian central bank hit by $31m hacks

Russian central bank hit by $31m hacks

05 December 2016  |  6474 views  |  0 comments | 4 tweets | 13 linkedin
Russian banks hit by DDoS wave

Russian banks hit by DDoS wave

11 November 2016  |  5921 views  |  0 comments | 5 tweets | 8 linkedin
Russian MP's son convicted of card hacking

Russian MP's son convicted of card hacking

26 August 2016  |  5850 views  |  0 comments | 1 tweets | 7 linkedin
Malware turns whole ATMs into skimming devices

Malware turns whole ATMs into skimming devices

18 May 2016  |  9684 views  |  4 comments | 15 tweets | 22 linkedin

Related blogs

Create a blog about this story (membership required)
visit www.aciworldwide.comvisit www.atos.netvisit http://info.nice.com

Who is commenting?

Top topics

Most viewed Most shared
Revolut lets customers buy Bitcoin, Litecoin and EthereumRevolut lets customers buy Bitcoin, Liteco...
18429 views comments | 26 tweets | 22 linkedin
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
11338 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
7718 views comments | 15 tweets | 21 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
6611 views comments | 8 tweets | 17 linkedin
Barclays, First Direct and Nationwide join FCA sandbox cohortBarclays, First Direct and Nationwide join...
6015 views comments | 5 tweets | 12 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job