Cyber Risks · Krebs on Security

19 Arrested in Multi-Million Dollar ZeuS Heists

Summary: UK authorities arrested 19 people, 15 men and 4 women aged 23 to 47, alleged to be part of a fraud ring that used the ZeuS Trojan to steal online banking credentials and pull money from business accounts in the UK and US. Sources cited in the article say the group stole almost $10 million in a three-month period and may have netted more than $30 million, sending bogus payroll payments in sub-$10,000 chunks to money mules recruited through job search sites.

What's compelling: The gang targeted schools, libraries, towns, cities, law firms and nonprofits, and the article notes the UK group is described as part of a larger organization responsible for most of the e-banking heists covered over the prior 14 months - so 19 arrests did not close out the operation.

Read the original at Krebs on Security ↗

Topics
Data Breaches
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