Cybercrooks are Big Business
Posted by: Timothy Weaver on 06/30/2015 05:26 AM
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Cybercrooks run their organizations like businesses these days. They have multinational offices, marketing departments, business development, and technical support teams. But they don't always get away with it.
A joint investigation team brought down a major cybercriminal group in the Ukraine.
The gang is suspected of developing, exploiting, and distributing well-known banking Trojans Zeus and SpyEye. In total, the malware they developed attacked online banking systems in Europe and elsewhere and netted the crooks at least 2 million euros.
The organization was diverse. They had departments that ran a network of tens of thousands of computers, others harvested victims banking credentials such as passwords and account numbers, and others laundered their ill-gotten gains through money mule networks.
The gang also had a marketing department that advertised on the dark web. They sold their hacking services to other cybercrooks. They even had a business development department seeking cooperation partners.
It took investigators and judicial authorities from six different European countries, supported by Eurojust and Europol, to stop this major cybercrime organization.
Rob Wainwright, Director of Europol, said: “In one of the most significant operations coordinated by the agency in recent years Europol worked with an international team of investigators to bring down a very destructive cybercriminal group."
Source: Avast
A joint investigation team brought down a major cybercriminal group in the Ukraine.The gang is suspected of developing, exploiting, and distributing well-known banking Trojans Zeus and SpyEye. In total, the malware they developed attacked online banking systems in Europe and elsewhere and netted the crooks at least 2 million euros.
The organization was diverse. They had departments that ran a network of tens of thousands of computers, others harvested victims banking credentials such as passwords and account numbers, and others laundered their ill-gotten gains through money mule networks.
The gang also had a marketing department that advertised on the dark web. They sold their hacking services to other cybercrooks. They even had a business development department seeking cooperation partners.
It took investigators and judicial authorities from six different European countries, supported by Eurojust and Europol, to stop this major cybercrime organization.
Rob Wainwright, Director of Europol, said: “In one of the most significant operations coordinated by the agency in recent years Europol worked with an international team of investigators to bring down a very destructive cybercriminal group."
Source: Avast
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