Feeds

Bank insiders charged in ZeuS cybercrime smackdown

Six more ID'd

Build a business case: developing custom apps

Six corrupt bank insiders turned ZeuS money mule suspects have been arrested in Moldova.

All half dozen of the suspects worked in local banks in the east European country. Investigators reckon the suspects specialised in laundering Western Union and MoneyGram payments received from co-conspirators in the West that can ultimately be traced back to compromised corporate and personal bank accounts.

The arrests in Moldova follow charges against alleged members of a massive cybercrime ring estimated to have raked in up to $70 million by using the ZeuS banking Trojan to steal online banking login credentials and loot accounts. Further arrests may follow in Moldova and elsewhere, Washington Post staffer turned security blogger Brian Krebs reports.

"Altogether, Moldovan prosecutors are looking at 12 suspects, including a government official who is alleged to have provided the group with copies of ID cards needed to open bank accounts," Krebs writes.

Moldova’s Specialized Services Center for Combating Economic Crimes and Corruption (CCECC), which is investigating the case, announced the arrests late last month. Days later two 21-year-old Moldovan money mule suspects were arrested in Wisconsin, USA. Both Dorin Codreanu and Lilian Adam were named by the FBI as suspects in the same case back in late September.

Eleven of the 37 money mules charged by the FBI in September remain at large. Closely related investigations have led to charges against a further 11 suspects in the UK and five in Ukraine. The Ukrainian suspects are alleged to have been the brains and driving forces behind the massive cybercrime operation. ®

Endpoint data privacy in the cloud is easier than you think

More from The Register

next story
Microsoft's Euro cloud darkens: US FEDS can dig into foreign servers
They're not emails, they're business records, says court
'Things' on the Internet-of-things have 25 vulnerabilities apiece
Leaking sprinklers, overheated thermostats and picked locks all online
iWallet: No BONKING PLEASE, we're Apple
BLE-ding iPhones, not NFC bonkers, will drive trend - marketeers
Multipath TCP speeds up the internet so much that security breaks
Black Hat research says proposed protocol will bork network probes, flummox firewalls
Plug and PREY: Hackers reprogram USB drives to silently infect PCs
BadUSB instructs gadget chips to inject key-presses, redirect net traffic and more
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
prev story

Whitepapers

7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
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.
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.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
A new approach to endpoint data protection
What is the best way to ensure comprehensive visibility, management, and control of information on both company-owned and employee-owned devices?