Top cybercrime ring disrupted as authorities raid Moscow offices: sources
The November raid seen as a landmark event by Western cyber-crime watchers
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Washington
RUSSIAN authorities in November raided offices associated with a Moscow film distribution and production company as part of a crackdown on one of the world's most notorious financial hacking operations, according to three sources with knowledge of the matter.
Cybersecurity analysts said a password-stealing software program known as Dyre - believed to be responsible for at least tens of millions of dollars in losses at financial institutions including Bank of America Corp and JPMorgan Chase & Co - has not been deployed since the time of the raid. Experts familiar with the situation said the case represents Russia's biggest effort to date to crack down on cyber-crime.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar
