Feeds

5 botnet kingpins busted in $70m fraud ring

Zeus's bad-hair week

Top 5 reasons to deploy VMware with Tegile

Ukrainian police on Thursday arrested five people suspected of orchestrating an international fraud ring that siphoned more than $70m out of bank accounts by infecting computers with the Zeus trojan.

The action by Ukraine's SBU was part of an unprecedented partnership among law enforcement agencies in the US, the UK, the Netherlands, and Ukraine, the FBI said in a press release issued on Friday. “Operation Trident Beach” first came to light on Tuesday with the arrest of 19 people in London in connection to Zeus-related offenses. On Thursday, 11 individuals were charged in Westminster Magistrates' Court, and in New York federal prosecutors announced similar charges against 37.

Most of those suspects were accused of being “money mules” who set up hundreds of bank accounts under fraudulent names to launder money transferred from accounts that were compromised by the crimeware.

The five people arrested in Ukraine, by contrast, are “key subjects responsible for this overarching scheme” the FBI said. In all, the ring attempted to steal $220m and succeeded in getting $70m.

Trident Beach began in May 2009, when FBI agents in Omaha, Nebraska learned of automated clearing house batch payments to 46 separate bank accounts throughout the US. Agents eventually brought in counterparts from the other involved countries. The payments are a hallmark of Zeus scams, in which hackers break into victim bank accounts and then clean them out using the bank's ACH transfer system.

The thieves targeted small- to medium-sized companies, municipalities, churches, and individuals.

It's been a bad week for criminals who rely on Zeus. On Monday, a researcher disclosed an Achilles' Heel in the crimeware that makes it relatively easy to take over command and control servers. ®

Beginner's guide to SSL certificates

Whitepapers

Go beyond APM with real-time IT operations analytics
How IT operations teams can harness the wealth of wire data already flowing through their environment for real-time operational intelligence.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Simplify SSL certificate management across the enterprise
Simple steps to take control of SSL across the enterprise, and recommendations for a management platform for full visibility and single-point of control for these Certificates.