Cyber Risks · Krebs on Security

A Busy Week for Ne’er-Do-Well News

Summary: In a week of cybercrime prosecutions, Turkish national Ercan "Segate" Findikoglu appeared in a U.S. court for the first time, accused of masterminding ATM cashout heists between 2011 and 2013 that netted more than $55 million. Also that week, a Manhattan judge sentenced Blackshades Trojan co-creator Alexander Yucel to nearly five years, Connecticut resident Matthew Tollis pleaded guilty to swatting, and Europol announced the arrest of five people in Ukraine suspected of developing and distributing the ZeuS and SpyEye banking Trojans.

What's compelling: Europol says the ZeuS and SpyEye group infected tens of thousands of users' computers and is suspected of stealing at least EUR 2 million from banks and their customers, while Findikoglu's alleged operation lifted withdrawal limits to steal what investigators call unlimited amounts until the operation is shut down.

Read the original at Krebs on Security ↗

Topics
Cybercrime & Law Enforcement
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