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Eight online banking scammers arrested in Russia

Loek Essers | March 21, 2012
The Russian Federal Security Service (FSB) arrested eight hackers who allegedly stole US$4.5 million in the last quarter alone using an online banking Trojan, security analyst firm Group-IB announced Tuesday.

The effort to take down the whole group is why the investigation took about a year and a half to complete. Group-IB said that the group's leader was identified in January 2010. The investigators put a vast amount of effort in documenting his activities, which was complicated because he was constantly on the move, traveling often outside of the Russian Federation.

 

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