Members of the largest criminal group engaged in online banking fraud are detained
March 20, 2012
MOSCOW Group-IB, the first Russian company providing comprehensive investigation of IT security incidents and breaches of information security is announcing the results of its joint investigation with the Federal Security Service (FSB) and the Ministry of the Interior (MVD) of Russia, culminating in the suppression of the criminal activities carried out for the past two years by a group engaged in online banking fraud. Clients of over a hundred banking institutions worldwide suffered losses due to the activities of these criminals, who, just in the last quarter, managed to steal over 130 million rubles.
For the first time in international practice it was possible to establish the entire criminal chain, including the head of this group and owner of a botnet, those conducting fraudulent transactions, and those directly involved in cashing the stolen funds. In all, a total of eight individuals comprised the group. It should be noted that in addition to stealing funds from bank accounts, the criminals were also involved in carrying out distributed denial of service (DDoS) attacks. More:
March 20, 2012
MOSCOW Group-IB, the first Russian company providing comprehensive investigation of IT security incidents and breaches of information security is announcing the results of its joint investigation with the Federal Security Service (FSB) and the Ministry of the Interior (MVD) of Russia, culminating in the suppression of the criminal activities carried out for the past two years by a group engaged in online banking fraud. Clients of over a hundred banking institutions worldwide suffered losses due to the activities of these criminals, who, just in the last quarter, managed to steal over 130 million rubles.
For the first time in international practice it was possible to establish the entire criminal chain, including the head of this group and owner of a botnet, those conducting fraudulent transactions, and those directly involved in cashing the stolen funds. In all, a total of eight individuals comprised the group. It should be noted that in addition to stealing funds from bank accounts, the criminals were also involved in carrying out distributed denial of service (DDoS) attacks. More:
