• Hacking News
    • Leaks
    • WikiLeaks
    • Anonymous
  • Tech
    • Android
    • Apple News
    • BlackBerry
    • Google News
    • Microsoft
    • Motorola
    • Nokia
    • Samsung
    • 3D
  • Cyber Crime
    • Phishing Scam
  • How To
  • Cyber Events
    • Censorship
    • Cyber Attacks
  • Security
    • Malware
  • Surveillance
    • Drones
    • NSA
    • Privacy
  • Explore
    • Gaming
    • Science
    • Viral
HackRead
  • December 12th, 2019
  • Home
  • About Us
  • Team
  • Advertise
  • Submit News
  • Privacy Policy
  • Contact Us
HackRead
  • Hacking News
    • Leaks
    • WikiLeaks
    • Anonymous
  • Tech
    • Android
    • Apple News
    • BlackBerry
    • Google News
    • Microsoft
    • Motorola
    • Nokia
    • Samsung
    • 3D
  • Cyber Crime
    • Phishing Scam
  • How To
  • Cyber Events
    • Censorship
    • Cyber Attacks
  • Security
    • Malware
  • Surveillance
    • Drones
    • NSA
    • Privacy
  • Explore
    • Gaming
    • Science
    • Viral
  • Follow us
    • Facebook
    • Twitter
    • Google+
    • Linkedin
    • Youtube
Home » Cyber Crime » 50 hackers Who Stole $25million Arrested by Russian Authorities

50 hackers Who Stole $25million Arrested by Russian Authorities

June 3rd, 2016 Agan Uzunovic Cyber Crime, Malware, Scams and Fraud, Security 0 comments
50 hackers Who Stole $25million Arrested by Russian Authorities
Share on FacebookShare on Twitter
What goes around comes around and for these cyber criminals it came too fast!

Around fifty cybercriminals have been arrested by Russian authorities on charges of stealing 1.7billion roubles. This roughly accumulated to $25 million and £18 million. This is being referred to as the largest arrest of hackers to date in Russia. Authorities in Russia conducted multiple raids in over 15 regions throughout the country to catch the gang. Their houses were searched and massive numbers of computer devices and communication equipment were confiscated during the searches.

[must url=”https://www.hackread.com/nazi-loving-android-malware-team-arrested-in-russia/”]Suspects Behind Nazi-loving Android Malware Arrested in Russia[/must]

According to the FSB internal security service, they also confiscated “bank cards in false names, and also financial documents and significant amounts of cash confirming the illegal nature of their activity.”

According to reports, the fifty hackers were actually working in collaboration and infected websites with malware to gain access to users’ computers and then obtain their bank details to steal money. Since the hackers used advanced tricks for performing their malicious feats, it became almost impossible for security experts and related authorities to catch them and that’s why they were able to steal so much from unsuspecting users.

Their malicious coding was difficult to trace by security software after it infected the machine. It is believed that Lurk, a malicious Trojan, was used by the gang to steal money by infecting the most popular websites in Russia with it. For instance, if someone was visiting a website that has been infected with Lurk, the user’s PC will immediately get infected with the malware as it will download not only itself on the computer but also will get other modules onto the system making it all the easier for cybercriminals to access it.

The purpose was to steal login IDs and passwords for taking out money from the online banking accounts of the victims. A majority of accounts targeted were located at Russia’s biggest bank Sberbank.

According to the computer incident investigation head at Kaspersky Lab, Ruslan Stoyanov , the malware began attacking users’ bank accounts some one and a half years ago and prior to this, it used to target enterprises and consumer systems.

[fullsquaread][/fullsquaread]

[must url=”https://www.hackread.com/malware-encryption-service-privder-couple-arrested/”]Couple Arrested For Providing Malware Encryption Service To Cyber Criminals[/must]

The police were able to track down the network of these hackers with the help of Kaspersky Lab and as per Mr. Stoyanov, the computers and servers used by them were traced for identifying their location. According to reports, the group has been active in Eastern Europe since 2011 and initially targeted clients of banks after shifting their focus to enterprises and individuals. In 2016, the group started relying upon the APT method of attacks because the source code for the Buhtrap malware was revealed publicly.

[src src=”Source” url=”http://www.bbc.com/news/technology-36434104″]BBC[/src]

  • Tags
  • Banking
  • Cyber Crime
  • hacking
  • internet
  • Malware
  • Privacy
  • Russia
  • Scam
  • security
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Dridex Malware is Back and Targeting Banking Sector in US
Next article Privacy concern over EU's plan to introduce ID cards for social media
Agan Uzunovic

Agan Uzunovic

Agan Uzunovic is a Bosnian journalist who is working for the country's largest newspaper. He has a keen interest in reporting on activism and hacktivism. He is also a contributor at U.S based Revolution News media. Agan reports and writes for HackRead on IT security related topics.

Related Posts
Plundervolt: A new attack on Intel processors threatening SGX data

Plundervolt: A new attack on Intel processors threatening SGX data

2.7 billion email addresses & plain-text passwords exposed online

2.7 billion email addresses & plain-text passwords exposed online

Cyber attack cripples networks in city of Pensacola days after shooting

Cyber attack cripples networks in city of Pensacola days after shooting

Newsletter

Get the best stories straight into your inbox!



Don’t worry, we don’t spam

LATEST POSTS
Plundervolt: A new attack on Intel processors threatening SGX data
Security

Plundervolt: A new attack on Intel processors threatening SGX data

40
2.7 billion email addresses & plain-text passwords exposed online
Leaks

2.7 billion email addresses & plain-text passwords exposed online

1132
Cyber attack cripples networks in city of Pensacola days after shooting
Cyber Attacks

Cyber attack cripples networks in city of Pensacola days after shooting

665
20 years prison for Romanian hackers who infected 400,000 computers
Cyber Crime

20 years prison for Romanian hackers who infected 400,000 computers

756

HACKREAD is a News Platform that centers on InfoSec, Cyber Crime, Privacy, Surveillance and Hacking News with full-scale reviews on Social Media Platforms & Technology trends. Founded in 2011, HackRead is based in the United Kingdom.

Follow us