A Ukrainian cyber-gang responsible for developing and distributing ZeuS and SpyEye malware that enabled them to hack into banks was taken down yesterday by concerted action by EU and Ukrainian authorities. Five people were arrested and eight locations searched. This is the first such action of its kind in the Ukraine, and was orchestrated by the Joint Investigation Team of leading Europol members. The damage caused to banks reached €2mn, but it is not known how much the gang actually managed to steal. The operation was part of a wider action that has so far seen 60 arrests, including 34 in the Netherlands where police took down a "money-mule" operation.
A Ukrainian cyber-gang responsible for developing and distributing ZeuS and SpyEye malware that enabled them to hack into banks was taken down yesterday by concerted action by Europol and Ukrainian authorities. Five people were arrested and eight locations searched. This is the first such action of its kind in the Ukraine, and was orchestrated by the Joint Investigation Team of leading EU members. The damage caused to banks reached €2mn, but it is not known how much the gang actually managed to steal. The operation was part of a wider action that has so far seen 60 arrests, including 34 in the Netherlands where police took down a "money-mule" operation.