Tag Archives: Group-IB

The Great Bank Heist, or Death by 1,000 Cuts?

February 16, 2015

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.

Gang Hacked ATMs from Inside Banks

December 22, 2014

An organized gang of hackers from Russia and Ukraine has broken into internal networks at dozens of financial institutions and installed malicious software that allowed the gang to drain bank ATMs of cash. While none of the victim institutions were in the United States or Western Europe, experts say the stealthy methods used by the attackers in these heists would likely work across a broad range of western banks.

Seleznev Arrest Explains ‘2Pac’ Downtime

October 15, 2014

The U.S. Justice Department has piled on more charges against alleged cybercrime kingpin Roman Seleznev, a Russian national who made headlines in July when it emerged that he’d been whisked away to Guam by U.S. federal agents while vacationing in the Maldives. The additional charges against Seleznev may help explain the extended downtime at an extremely popular credit card fraud shop in the cybercrime underground.

A First Look at the Target Intrusion, Malware

January 15, 2014

Last weekend, Target finally disclosed at least one cause of the massive data breach that exposed personal and financial information on more than 110 million customers: Malicious software that infected point-of-sale systems at Target checkout counters. Today’s post includes new information about the malware apparently used in the attack, according to two sources with knowledge of the matter.

Meet Paunch: The Accused Author of the BlackHole Exploit Kit

December 6, 2013

In early October, news leaked out of Russia that authorities there had arrested and charged the malware kingpin known as “Paunch,” the alleged creator and distributor of the Blackhole exploit kit. Today, Russian police and computer security experts released additional details about this individual, revealing a much more vivid picture of the cybercrime underworld today.

Experts Warn of Zero-Day Exploit for Adobe Reader

November 7, 2012

Software vendor Adobe says it is investigating claims that instructions for exploiting a previously unknown critical security hole in the latest versions of its widely-used PDF Reader software are being sold in the cybercriminal underground.

The finding comes from malware analysts at Moscow-based forensics firm Group-IB, who say they’ve discovered that a new exploit capable of compromising the security of computers running Adobe X and XI (Adobe Reader 10 and 11) is being sold in the underground for up to $50,000. This is significant because — beginning with Reader X– Adobe introduced a “sandbox” feature aimed at blocking the exploitation of previously unidentified security holes in its software, and so far that protection has held its ground.

Who Is the ‘Festi’ Botmaster?

June 13, 2012

Pavel Vrublevsky, the co-founder of Russian payment processor ChronoPay, is set to appear before a judge this week in a criminal case in which he is accused of hiring a botmaster to attack a competitor. Prosecutors believe that the man Vrublevsky hired in that attack was the curator of the Festi botnet, a spam-spewing machine that also has been implicated in a number of high-profile denial-of-service assaults.

A Busy Week for Cybercrime Justice

March 26, 2012

Last week was a bad one to be a cybercrook. Authorities in Russia arrested several men thought to be behind the Carberp banking Trojan, and obtained a verdict of guilty against the infamous spammer Leo Kuvayev. In the United States, a jury returned a 33-month jail sentence against a Belarusian who ran a call service for cyber thieves. At the same time, U.S. prosecutors secured a guilty plea against a Russian man who was part of a gang that stole more than $3 million from U.S. businesses fleeced with the help of the ZeuS Trojan.