Feeds

Siberian crooks dev'd custom malware in ATM slurp heist scheme

Bent bank insiders braceleted in Arctic busts

Secure remote control for conventional and virtual desktops

Russian cybercrooks contracted a virus writer to develop custom-made malware before launching a plot to loot compromised ATM machines.

Although the gang – mostly from Yakutsk, a mid-sized city close to the Artic Circle in Siberia – were ultimately caught, the sophistication, planning and investment that went into their plot ought to be a wake-up call for the banking industry.

The Moscow-based leader of the gang contacted a virus writer through an underground forum and paid him 100,000 rubles ($3,200) to create malware capable of infecting ATMs, security site Host Exploit reports.

A series of corrupt banking industry insiders had already been recruited by the gang. One leading member of the gang worked as a system admin for a bank, a role that gave him the opportunity to distribute the malware on ATMs. He needn't have worried too much about his bosses getting wind of the scheme because one of his cohorts was the bank's head of IT. Once in place, the malware allowed the gang to obtain bank card details and associated PIN codes for later fraud.

Other members of the group were to act as money mules, cashing out funds from compromised accounts, before funds were distributed. Fortunately officers from the Ministry of the Interior got wind of the scam and arrested the gang before the devilish scheme came to fruition. Police mounted a series of raids leading to arrests as well as the seizure of malware samples, credit card records and computer equipment used to carry out the alleged scam. The alleged virus writer was also captured in the round-up.

A Google translation of a Russian Ministry of the Interior statement on the case can be found here. ®

New hybrid storage solutions

More from The Register

next story
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
Google recommends pronounceable passwords
Super Chrome goes into battle with Mr Mxyzptlk
Infosec geniuses hack a Canon PRINTER and install DOOM
Internet of Stuff securo-cockups strike yet again
THREE QUARTERS of Android mobes open to web page spy bug
Metasploit module gobbles KitKat SOP slop
'Speargun' program is fantasy, says cable operator
We just might notice if you cut our cables
Reddit wipes clean leaked celeb nudie pics, tells users to zip it
Now we've had all THAT TRAFFIC, we 'deplore' this theft
Snowden, Dotcom, throw bombs into NZ election campaign
Claim of tapped undersea cable refuted by Kiwi PM as Kim claims extradition plot
Apple Pay is a tidy payday for Apple with 0.15% cut, sources say
Cupertino slurps 15 cents from every $100 purchase
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.