Cyber Risks · Krebs on Security

Inside the $100M ‘Business Club’ Crime Gang

Summary: Fox-IT gained access to a server used by a member of the Gameover ZeuS gang, revealing chat logs that describe a self-named "Business Club" of a half-dozen core members supported by more than 50 individuals, each with a cybercrime specialty such as 24/7 tech support, malware supply, and money mule recruitment. The group, allegedly led by ZeuS author Evgeniy Bogachev ("Slavik"), stole more than $100 million from banks and businesses worldwide, working regular weekday hours and following the sun across time zones from Australian and Asian banks to European and U.S. banks.

Bottom line: The same botnet infrastructure was quietly repurposed by Slavik for espionage against Ukraine, Turkey and Georgia, searching infected systems for classified documents and agency email addresses - and Fox-IT reports he kept this hidden from his own Business Club colleagues, some of whom were Ukrainian.

Read the original at Krebs on Security ↗

Topics
Cybercrime & Law Enforcement
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