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Cyber-criminal Doubted as Stealing Huge Sums Held, Assert Russian Officials

Department K, the cyber-security investigatory division of the Russian government along with Group-IB a security company said they had averted an enormous quantity of money from getting stolen when they jointly acted that eventually resulted in the suspected criminal's detention, published softpedia.com dated April 24, 2013.

Actually, 'Sberbank of Russia' the biggest bank in Russia had doubt that somebody misappropriated it via the Net when the banking operation was being done. So it contacted Group-IB requesting for conducting the bank network's forensic investigation.

Ultimately, Department K, with the help of information that Sberbank of Russia and Group-IB provided, arrested one anonymous man, aged 40, from Togliatti a city in Russia. Group-IB described this Russian national as a prolific cyber-crook who exploited several Russian banks' Internet banking systems for carrying out over 5,000 fake monetary dealings since August 2011.

The crook employed the Trojan Carberp for inserting malevolent HTML scripts inside various financial institutions' websites so he could capture the sensitive credentials such as login details of the victims.

And because most banks require customers for validating their transactions by sending SMS, the malware-laden websites directed end-users that they must provide their cell-phone numbers.

The perpetrator, who created counterfeit SIM cards, managed in evading the payment validations that the financial institutions dispatched to victims.

According to Group-IB's CEO Ilya Sachko, the time-period taken for the investigation into the incident - since Group-IB first got one complaint from certain victimized account holder to whilst cyber-security police arrested the perpetrator- was not even 6 months. As a result, it was possible for averting embezzlement of some 1bn roubles from different Russian financial institutions, Sachko explained. Softpedia.com published this.

The CEO added that the case was the first of its kind that was investigated within ECyFed (European Cyber Security Federation).

Meanwhile, the mentioned arrest was the second time that Carberp Trojan's crime-gang was severely bowled within not even a month. During the 1st-week of April 2013, the main culprit of 'Carberp' as well as those who developed the Trojan, were allegedly detained inside Ukraine following collaboration of the Ukrainian Security Service with the Federal Security Service of Russia.

Related article: Cyber Attackers Move To Abandoned Sites

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