Feeds

Gang sentenced for UK bank trojan

Almost £600,000 siphoned

The Essential Guide to IT Transformation

A British court has sentenced four men to prison after they admitted they used sophisticated trojan software to steal almost £600,000 from bank accounts and send it to Eastern Europe.

London's Southwark Crown Court on Friday imposed sentences of as much as 4 and a half years on the men. According to IDG News, they used a trojan known as PSP2-BBB to stealthily monitor victims' browsers. It inserted special fields into banking pages that asked for sensitive information and then sent it to the criminals when the user complied.

To give it the pages air of legitimacy, they bore the logo of NatWest, according to other news reports. The gang used a stable of money mules to transfer the funds to countries including Ukraine, which is also the location of a computer server that was used in the scam.

At least 138 banking customers were affected with "just under £600,000 being fraudulently transferred," according to the Press Association. Almost £140,000 was later recouped from Royal Bank of Scotland, NatWest's parent company.

Azamat Rahmanov, 25 of London's Lewisham, received four and a half years and was considered one of the organizers, according to news reports. Shohruh Fayziev, a 23-year-old Uzbekistani who lived in Peckham Rye, Southwark, in south east London, got four years. He was regarded as a "trusted lieutenant."

The remaining two men were the Angolan-born "facilitator" Joao Cruz, 33, of South London, who received three years, and Portuguese Recardo Pereira, 36, of Essex, who was sentenced to 21 months.

UK authorities have hailed the case as the first collaboration between the financial industry and the Police Central e-Crime Unit, which was established earlier this year to crack down on cybercrime. ®

Build a business case: developing custom apps

More from The Register

next story
14 antivirus apps found to have security problems
Vendors just don't care, says researcher, after finding basic boo-boos in security software
Only '3% of web servers in top corps' fully fixed after Heartbleed snafu
Just slapping a patched OpenSSL on a machine ain't going to cut it, we're told
How long is too long to wait for a security fix?
Synology finally patches OpenSSL bugs in Trevor's NAS
Israel's Iron Dome missile tech stolen by Chinese hackers
Corporate raiders Comment Crew fingered for attacks
Roll out the welcome mat to hackers and crackers
Security chap pens guide to bug bounty programs that won't fail like Yahoo!'s
HIDDEN packet sniffer spy tech in MILLIONS of iPhones, iPads – expert
Don't panic though – Apple's backdoor is not wide open to all, guru tells us
Researcher sat on critical IE bugs for THREE YEARS
VUPEN waited for Pwn2Own cash while IE's sandbox leaked
Four fake Google haxbots hit YOUR WEBSITE every day
Goog the perfect ruse to slip into SEO orfice
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.