I received a number of media requests and emails from readers over the weekend to comment on a front-page New York Times story about an organized gang of cybercriminals pulling off “one of the largest bank heists ever.” Turns out, I reported on this gang’s activities in December 2014, although my story ran minus many of the superlatives in the Times piece.
The Times’ story, “Bank Hackers Steal Millions Via Malware,” looks at the activities of an Eastern European cybercrime group that Russian security firm Kaspersky Lab calls the “Carbanak” gang. According to Kaspersky, this group deployed malware via phishing scams to get inside of computers at more than 100 banks and steal upwards of USD $300 million — possibly as high as USD $1 billion.
Such jaw-dropping numbers were missing from a story I wrote in December 2014 about this same outfit, Gang Hacked ATMs From Inside Banks. That piece was based on similar research published (PDF) jointly by Dutch security firm Fox-IT and by Group-IB, a Russian computer forensics company. Fox-IT and Group-IB called the crime group “Anunak,” and described how the crooks sent malware laced Microsoft Office attachments in spear phishing attacks to compromise specific users inside targeted banks.
“Most cybercrime targets consumers and businesses, stealing account information such as passwords and other data that lets thieves cash out hijacked bank accounts, as well as credit and debit cards,” my December 2014 story observed. “But this gang specializes in hacking into banks directly, and then working out ingenious ways to funnel cash directly from the financial institution itself.”
I also noted that a source told me this group of hackers is thought to be the same criminal gang responsible for several credit and debit card breaches at major retailers across the United States, including women’s clothier Bebe Stores Inc., western wear store Sheplers, and office supply store Staples Inc.
Andy Chandler, Fox-IT’s general manager and senior vice president, said the group profiled in its December report and in the Kaspersky study are the same.
“Anunak or Carbanak are the same,” Chandler said. “We continue to track this organization but there are no major revelations since December. So far in 2015, the financial industry have been kept busy by other more creative criminal groups,” such as those responsible for spreading the Dyre and Dridex banking malware, he said. Continue reading →