The network in concern, GozNym, exhibited the idea of “cybercrime as a service,” according to Europol.
Angela Lang
International police foiled a cybercrime network’s effort to utilize GozNym malware to take about $100 million from 41,000 victims, Europol stated in a release Thursday.
The GozNym network exhibited the idea of “cybercrime as a service,” according to Europol, using various criminal services like bulletproof hosters, cash mules networks, crypters, spammers, coders, organizers and technical assistance. The network promoted its abilities on criminal underground, Russian-speaking online forums.
The malware attacks struck 11 services and banks.
Ten members of the criminal network were charged by a federal grand jury in Pittsburgh with conspiracy to contaminate victims’ computer systems with GozNym malware, utilizing taken login qualifications and taking cash from victims’ savings account. Investigations were performed in Bulgaria, Georgia, Moldova and Ukraine, with prosecutions started in Georgia, Moldova, Ukraine and the United States. Five of the accuseds live in Russia and stay fugitives from justice, according to a release.
“International law enforcement has recognized that the only way to truly disrupt and defeat transnational, anonymized networks is to do so in partnership,” United States Attorney Scott W. Brady stated in a release Thursday from the United States Department of Justice. “The collaborative and simultaneous prosecution of the members of the GozNym criminal conspiracy in four countries represents a paradigm shift in how we investigate and prosecute cybercrime.”
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