Twin Russian Brothers Arrested After Banking Fraud Investigation
Posted by: Timothy Weaver on 06/05/2015 10:16 AM
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Twin brothers, along with other alleged perpetrators, were arrested after an investigation with the help of security firm Group-IB. Russian authorities collected evidence on the activities of an alleged cybercrime operation for three years.
According to Forbes, the unnamed brothers made up to $225,000 (12 million rubles) in less than two years. They were arrested at their St. Petersburg apartment by Russian authorities.
The scheme involved infecting victims computers with banking trojans. They were tricked into putting in their banking info into fake banking websites which were made to look like their actual banking website.
According to the Forbes report, perpetrators then called victims (presenting themselves as bank employees using information they'd obtained) or led them to other phishing pages to collect one-time SMS codes used to authenticate bank transfers.
Source: SCMagazine
According to Forbes, the unnamed brothers made up to $225,000 (12 million rubles) in less than two years. They were arrested at their St. Petersburg apartment by Russian authorities.The scheme involved infecting victims computers with banking trojans. They were tricked into putting in their banking info into fake banking websites which were made to look like their actual banking website.
According to the Forbes report, perpetrators then called victims (presenting themselves as bank employees using information they'd obtained) or led them to other phishing pages to collect one-time SMS codes used to authenticate bank transfers.
Source: SCMagazine
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