Feeds

Russian K-force operatives cuff suspected Carberp trojan bank raider

Nobody steals from the Rodina, citizen

Using blade systems to cut costs and sharpen efficiencies

Russian police have arrested a 22-year-old man suspected of running a bank fraud network that infected six million machines, raking in an estimated 150 million roubles ($4.5m or £2.9m) in ill-gotten gains in the process.

The unnamed suspect, who is alleged to be the hacker known by the online nicknames "Hermes" and "Arashi", is suspected of using variants of Carberp Trojan to establish networks of compromised PCs, and subsequently renting them out to other cybercrooks (mostly in Moscow and St Petersburg). The online identity "Hermes" has been linked with the process of embezzling funds as well as malware distribution, Russian cops said. Most of the victims of the embezzlement were Russian businesses and consumers, a key factor that explains why Russian law enforcement aggressively followed up the case.

Carberp first emerged on the online banking fraud scene around two years ago as a competitor to the dominant financial malware platforms, Zeus and SpyEye.

A statement by the Russian Interior Ministry (MVD) said the arrest of the suspect follows a 10-month long investigation, which was led by officers from Russia's MVD "K" Administration and assisted by Russian anti-virus firm Dr Web.

The interior ministry alleged that the suspect had used the proceeds of these crimes to buy a "luxurious house in one of the resorts in Russia and expensive premium-class foreign cars", according to an English language translation of the statement. The ministry said the suspect laundered the remaining funds through legal enterprises. The man in custody faces charges based on violation of three articles in Russia's criminal code, covering financial fraud, malware distribution and computer hacking offences.

Last week's developments follow the arrests of a group of eight men suspected of making millions in electronic banking fraud using the Carberp Trojan and other strains of malware by Russian police back in March. ®

Boost IT visibility and business value

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
Secure microkernel that uses maths to be 'bug free' goes open source
Hacker-repelling, drone-protecting code will soon be yours to tweak as you see fit
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
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.
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.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
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.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.