Cyber Risks · Krebs on Security

‘Avalanche’ Crime Ring Leader Eludes Justice

Summary: Authorities across Europe arrested five people tied to the Avalanche criminal hosting service on Nov. 30, but alleged ringleader Gennady Kapkanov, 33, shot at Ukrainian police with a Kalashnikov through his front door and then tried to escape from his fourth-floor balcony. A judge in Poltava ordered Kapkanov released after prosecutors failed to file proper charges, and Ukrainian police have since lost track of him.

What you should know: Avalanche was used to host as many as 800,000 web domains across up to 600 servers, and in 2009 it funneled roughly two-thirds of all phishing attacks aimed at stealing bank and e-commerce credentials. The alleged operator of that infrastructure walked out of custody on a paperwork failure and is now a fugitive.

Read the original at Krebs on Security ↗

Topics
Cybercrime & Law Enforcement
Related