A sophisticated group of cybercriminals has stolen over US$25 million by hacking into the infrastructure of numerous financial institutions in Russia and former Soviet Union countries, as well as into point-of-sale systems belonging to U.S. and European retailers.
Lucian Constantin | 23 Dec | Read more
The Russian-based cybercriminals currently plundering US retailers could be making as much as $680 million (£425 million) a year from their thefts, a security consultancy in the country has estimated.
John E. Dunn | 18 Oct | Read more
Police in Russia have reportedly arrested two cybercriminals accused of being behind an Android malware campaign that lifted funds from bank accounts used to top up smartphones.
John E. Dunn | 24 Sep | Read more
Thirteen people, including the creator of Blackhole, a popular exploit tool used to infect computers with malware, were arrested and charged in Russia with creating and participating in a criminal organization.
Lucian Constantin | 06 Dec | Read more
A new Web-based service for cybercriminals automates the creation of fake scanned documents that can help fraudsters bypass the identity verification processes used by some banks, e-commerce businesses and other online services providers, according to researchers from Russian cybercrime investigations firm Group-IB.
Lucian Constantin | 27 Aug | Read more