Multi-million dollar cyber crime network busted, Russian malware discovered

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The global cybercrime ring stole more than $145 million from more than 41,000 victims worldwide, siphoning money from their online bank accounts.

US and European police say they have smashed a huge international cybercrime network that used Russian malware to steal $145 million from tens of thousands of victims worldwide.

European police agency Europol confirmed that five Russian nationals believed to be in the US are still on the run.The cyber gang used GozNym malware to infect victims' computers, steal their online banking login details and then siphon money from their accounts. Scott Brady, the US Attorney General for the western district of Pennsylvania where the US indictment was unsealed, said the operation was an"unprecedented" international effort.

Konovolov recruited hackers who advertised their services on"Russian-speaking online criminal forums", and eventually controlled the malware-infected computers of more than 41,000 victims, Europol said.

 

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