Inside the $100M ‘Business Club’ Crime Gang

  • 6 August 2015
  • 2 replies
  • 249 views

Userlevel 7
Badge +54
See Also - GameOver Zeus botnet seized; Two week window to protect yourself, say authorities
A very detailed article from Brian Krebs.
 
5th August 2015
 
New research into a notorious Eastern European organized cybercrime gang accused of stealing more than $100 million from banks and businesses worldwide provides an unprecedented, behind-the-scenes look at an exclusive “business club” that dabbled in cyber espionage and worked closely with phantom Chinese firms on Russia’s far eastern border.
 
In the summer of 2014, the U.S. Justice Department joined multiple international law enforcement agencies and security firms in taking down the Gameover ZeuS botnet, an ultra-sophisticated, global crime machine that infected upwards of a half-million PCs.
 
Full Article

2 replies

Userlevel 7
organize cyber crime becoming more and more prevalent.
Userlevel 7
By Eduard Kovacs on August 06, 2015
 
LAS VEGAS - BLACK HAT USA 2015 - The cybercriminal ring behind the GameOver Zeus malware stole an estimated $100 million from banks, but one of the group’s leaders also leveraged the botnet for cyber espionage.
The activities of the GameOver Zeus gang were analyzed for several years by the FBI and security firms Fox-IT and Crowdstrike. Representatives of these organizations revealed on Wednesday at the Black Hat conference in Las Vegas some new details on the activities and inner workings of the cybercrime group behind the notorious malware.
The Zeus malware was created in around 2005-2006 allegedly by a Russian national named Evgeniy Mikhailovich Bogachev, also known as “Slavik.” The GameOver Zeus variant, also known as P2P-ZeuS, emerged in September 2011 and it was successfully used by cybercriminals until May 2014 when its infrastructure was taken down as part of a joint operation between law enforcement and various private companies.
 
full article

Reply