Thursday, May 15, 2025
HomeSecurity NewsLeader of the Carbanak Hacker Group Whole Stole € 1 Billion Bank...

Leader of the Carbanak Hacker Group Whole Stole € 1 Billion Bank Robbery Arrested In Spain

Published on

SIEM as a Service

Follow Us on Google News

The Leader of the Carbanak Hacker group behind € 1 Billion Bank Robbery arrested by law enforcement agencies in Spain. The group targets more than 100 financial institutions worldwide.

The Carbank hacker group is active since 2013 have attempted attacks against various banks, financial institutions, the e-payment gateway with their well-designed malware dubbed Cobalt.

Also Read Kozlovsky from Lurk Hacker Group admits that his group involved in the creation of WannaCry and DNC hack on Demand

Banks targeted by Carbanak Hacker Group

The Hacker attacked banks in more than 40 countries and that results in more than EUR 1 billion loss in the financial industry. “The magnitude of the losses is significant: the Cobalt malware alone allowed criminals to steal up to EUR 10 million per heist” reads the official statement.
- Advertisement - Google News

Carbank hacker group started activities in late 2013 by launching Anunak malware campaign targetting ATM networks and financial networks around the world.

Later starting 2014 they improved the Anunak malware into a more sophisticated version of the malware dubbed as Carbanak and the same used up to 2016.

After 2016 the Carbanak Hacker Group developer customized malware based on the Cobalt Strike penetration testing tool to the sophisticated wave of attacks.

Carbanak Hacker group
Infographic: Europol

Attacking Methods

In all of their attacks, they use to send a spear phishing email to the bank employes with malicious attachments and once the malware executed they gain access to the Internal banking system remotely and infects servers that control’s ATM.

By infecting the servers that control’s ATM attackers can instruct ATMs to dispense cash at a particular time and organized group members sitting beside the ATM machine to collect cash.

The attackers transfer money from other legitimate accounts to their own bank accounts and then empty’s the account.They also artificially add’s balance into their accounts and then empty’s the same.

This global operation is a significant success for international police cooperation against a top-level cybercriminal organization. The arrest of the key figure in this crime group illustrates that cybercriminals can no longer hide behind perceived international anonymity” says Steven Wilson.

Gurubaran
Gurubaran
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.

Latest articles

Threat Actors Leverage Weaponized HTML Files to Deliver Horabot Malware

A recent discovery by FortiGuard Labs has unveiled a cunning phishing campaign orchestrated by...

TA406 Hackers Target Government Entities to Steal Login Credentials

The North Korean state-sponsored threat actor TA406, also tracked as Opal Sleet and Konni,...

Google Threat Intelligence Releases Actionable Threat Hunting Technique for Malicious .desktop Files

Google Threat Intelligence has unveiled a series of sophisticated threat hunting techniques to detect...

New Adobe Photoshop Vulnerability Enables Arbitrary Code Execution

Adobe has released critical security updates addressing three high-severity vulnerabilities (CVE-2025-30324, CVE-2025-30325, CVE-2025-30326) in...

Resilience at Scale

Why Application Security is Non-Negotiable

The resilience of your digital infrastructure directly impacts your ability to scale. And yet, application security remains a critical weak link for most organizations.

Application Security is no longer just a defensive play—it’s the cornerstone of cyber resilience and sustainable growth. In this webinar, Karthik Krishnamoorthy (CTO of Indusface) and Phani Deepak Akella (VP of Marketing – Indusface), will share how AI-powered application security can help organizations build resilience by

Discussion points


Protecting at internet scale using AI and behavioral-based DDoS & bot mitigation.
Autonomously discovering external assets and remediating vulnerabilities within 72 hours, enabling secure, confident scaling.
Ensuring 100% application availability through platforms architected for failure resilience.
Eliminating silos with real-time correlation between attack surface and active threats for rapid, accurate mitigation

More like this

Phishing Campaign Uses Blob URLs to Bypass Email Security and Avoid Detection

Cybersecurity researchers at Cofense Intelligence have identified a sophisticated phishing tactic leveraging Blob URIs...

UK Government to Shift Away from Passwords in New Security Move

UK government has unveiled plans to implement passkey technology across its digital services later...

New Spam Campaign Leverages Remote Monitoring Tools to Exploit Organizations

A sophisticated spam campaign targeting Portuguese-speaking users in Brazil has been uncovered by Cisco...