Cybercrime gang leader who caused ATMs to spit cash is arrested

The leader of Russian-Ukrainian cybercrime gang Carbanak, allegedly responsible for stealing billions of Euros from hundreds of banks, has been arrested in Spain. Over the last five years, the “Carbanak” group has stolen roughly 1.2 billion euros from more than 100 financial institutions, according to a dual announcement Monday by Europol and police forces in Spain. Carbanak is the name for the cybercrime group, as well as their characteristic hacking tool: a malware framework designed to allow the attacker to covertly move money around from account to account. An individual leading the criminal entity was recently arrested, but police have yet to release their name. At least two other members of Carbanak were also reportedly arrested in a related investigation. In various cases, Carbanak was able to success spearphish banking employees. These breaches saw complex malware spread inside the companies, redirecting funds from legitimate accounts to ATM machines in Eastern […]

The post Cybercrime gang leader who caused ATMs to spit cash is arrested appeared first on Cyberscoop.

Continue reading Cybercrime gang leader who caused ATMs to spit cash is arrested

Emergency vs Continuous Incident Response

Would you rather be putting out fires or keeping a calm, predictable environment? Continuous monitoring of a cloud environment identifies vulnerabilities so threats can be dealt with before they become an actual problem. As soon as an infrastructure mo… Continue reading Emergency vs Continuous Incident Response

FBI: Iranian Firm Stole Data In Massive Spear Phishing Campaign

The Department of Justice has announced charges against nine Iranians, affiliated with the Mabna Institute, who are accused of stealing private data from U.S. universities, private companies, and U.S. government departments. Continue reading FBI: Iranian Firm Stole Data In Massive Spear Phishing Campaign

Cloud Security This Week – March 23, 2018

New from Evident.io A CISO’s Series of Unfortunate Events Considering the always-increasing potential for threats to your environment, a CISO’s day can become a montage of nightmares before their car even arrives in the parking lot. Inciden… Continue reading Cloud Security This Week – March 23, 2018

A CISO’s Series of Unfortunate Events

You’ve probably seen those quaint features in business publications like, “A Day in the Life of the CFO.” They always have some campy comments that try to make the person relatable (“…and at 9:34am, I finally get around to… Continue reading A CISO’s Series of Unfortunate Events

Cloud Security This Week – March 9, 2018

New from Evident.io Evident.io Custom Signature Provides Protection in New Wave of DDoS Attacks Only one week after a massive DDoS attack knocked GitHub offline, a new attack dubbed “Memcrash” used the same methods to hack a U.S. service pr… Continue reading Cloud Security This Week – March 9, 2018

Evident.io Custom Signature Provides Protection in New Wave of DDoS Attacks

Only one week after a massive DDoS attack knocked GitHub offline, a new attack dubbed “Memcrash” used the same methods to hack a U.S. service provider by targeting memcache servers. In this case where almost 100,000 memcache servers were at… Continue reading Evident.io Custom Signature Provides Protection in New Wave of DDoS Attacks