Thursday, March 28, 2024

Ukraine Authorities Arrested Cybercriminal Gang That Has Stolen Over 100 Million

The Cyber ​​police exposed a criminal group stealing 100 million hryvnias from Ukrainians under the guise of social security payments from the European Union.

According to the cyber police of Ukraine, the criminals created more than 400 phishing links to acquire the bank card data of citizens and appropriate money from their accounts. As a consequence, the criminal may face up to 15 years behind bars for what they have committed.

A dedicated cybercrime unit within the Ministry of Internal Affairs operating with police based in central Kyiv and specialists from the National Bank of Ukraine (NBU) worked to arrest nine individuals.

Phishing Links Used to Obtain Bank Data

For obtaining the banking data of citizens, the nine individuals created and administered more than 400 fake web resources. Through the websites, Ukrainians were offered to form an application for the payment of financial assistance from the countries of the European Union.

Unknowingly, by using phishing links victims took surveys and entered their bank card details. Having received bank data, the attackers carried out unauthorized intervention in online banking and withdrew money from citizens’ accounts.

According to the NBU, “Criminals defrauded more than 5,000 citizens. The total amount of damages reaches more than 100 million hryvnias”.

Phishing web source used by the gang

The police searched the home of the suspects and seized computer equipment, mobile phones, bank cards, and money obtained through the illicit activities. The police also released a video during their raid on a suspect’s home.

Authorities Arrested the Cybercriminal Gang

The reports state that the perpetrators may face up to fifteen years in prison for multiple violations of Ukraine’s Criminal Code.

“Criminal proceedings have been opened under Part 3 of Art. 190 (Fraud), Part 5 of Art. 361 (Unauthorized interference in the work of information (automated), electronic communication, information and communication systems, electronic communication networks) of the Criminal Code of Ukraine”. “The issue of declaring suspicion and choosing precautionary measures for the persons involved are being resolved”, reads the advisory.

You can follow us on LinkedinTwitterFacebook for daily Cybersecurity and hacking news updates.

Website

Latest articles

Wireshark 4.2.4 Released: What’s New!

Wireshark stands as the undisputed leader, offering unparalleled tools for troubleshooting, analysis, development, and...

Zoom Unveils AI-Powered All-In-One AI Work Workplace

Zoom has taken a monumental leap forward by introducing Zoom Workplace, an all-encompassing AI-powered...

iPhone Users Beware! Darcula Phishing Service Attacking Via iMessage

Phishing allows hackers to exploit human vulnerabilities and trick users into revealing sensitive information...

2 Chrome Zero-Days Exploited at Pwn2Own 2024: Patch Now

Google has announced a crucial update to its Chrome browser, addressing several vulnerabilities, including...

The Moon Malware Hacked 6,000 ASUS Routers in 72hours to Use for Proxy

Black Lotus Labs discovered a multi-year campaign by TheMoon malware targeting vulnerable routers and...

Hackers Actively Exploiting Ray AI Framework Flaw to Hack Thousands of Servers

A critical vulnerability in Ray, an open-source AI framework that is widely utilized across...

Chinese Hackers Attacking Southeast Asian Nations With Malware Packages

Cybersecurity researchers at Unit 42 have uncovered a sophisticated cyberespionage campaign orchestrated by two...
Guru baran
Guru baranhttps://gbhackers.com
Gurubaran is a co-founder of Cyber Security News and GBHackers On Security. He has 10+ years of experience as a Security Consultant, Editor, and Analyst in cybersecurity, technology, and communications.

Mitigating Vulnerability Types & 0-day Threats

Mitigating Vulnerability & 0-day Threats

Alert Fatigue that helps no one as security teams need to triage 100s of vulnerabilities.

  • The problem of vulnerability fatigue today
  • Difference between CVSS-specific vulnerability vs risk-based vulnerability
  • Evaluating vulnerabilities based on the business impact/risk
  • Automation to reduce alert fatigue and enhance security posture significantly

Related Articles