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Cyber Security

International cyber-crime gang which stole millions dismantled

cde.news desk · 1 min read
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epa05964226 (FILE) - An exterior view of the new Europol headquarters, the alliance of the European Union police and a multinational research organization, in The Hague, The Netherlands 01 July 2011, (reissued 14 May 2017). Media reports on 14 May 2017 state that experts of Europol expect a wave of further attacks on computers with so-called 'Ransomware'. A cyber attack hit at least 150 countries world wide with an estimate 200,000 victims, Europol chief Rob Wainwright was cited as saying in an interview with British broadcaster ITV. It is expected that there are even more attacks on computers recorded at the beginning of the new working week, Wainwright added. The so-called 'WannaCry' ransomware cyber attack hit the computers by encrypting files from affected computer units and demanded 300 US dollars through bitcoin to decrypt the files. EPA/LEX VAN LIESHOUT

Europol revealed that an international crime gang which used malware to steal $100m from more than 40,000 victims has been dismantled.

It said that the investigation was unprecedented, especially in terms of cross-border co-operation.

In complex police operation which conducted investigations in the US, Bulgaria, Germany, Georgia, Moldova and Ukraine and coordinated by Europol.

The GozNym network accessed the computers of more than 41,000 victims, laundering the funds it stole through accounts held by its members in the United States and elsewhere, Europol said.

The operation against it began in November 2016 with a German-led action in Ukraine that dismantled the network’s servers and other infrastructure.

Ten members of the network have been charged in Pittsburgh in the US whilst five Russian nationals remain on the run, including one who developed the GozNym malware.

Via Europol

 

Filed under Cyber Security
Topics cyber crimeEuropolGozNym

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