Tag Archives: russian

Greek court orders extradition of Russian Bitcoin suspect to US

Greece’s justice minister will now have the final say on whether to extradite Alexander Vinnik, who headed BTC-e, an exchange for the cyber currency.

He was indicted by a US court in July on 21 charges ranging from identity theft and facilitating drug trafficking to money laundering.

Vinnik has been held in a Greek jail since his arrest on July 25 in the northern Greek tourist resort of Halkidiki. He denies the accusation.

Russia has also filed a demand to extradite Vinnik so he can stand trial on separate fraud charges.

Two Greek courts separately approved both extradition requests in October.

BTC-e, founded in 2011, became one of the world’s largest and most widely used digital currency exchanges.

According to the US indictment, it was “heavily reliant on criminals”.

In addition, BTC-e “was noted for its role in numerous ransomware and other cyber-criminal activity”.

It allegedly received more than $4 billion (3.4 billion euros) worth of Bitcoin over

Read more at: http://www.nationmultimedia.com/detail/breakingnews/30333913

Court document points to Kaspersky Lab’s cooperation with Russian security service

Kaspersky Lab, a Russian cybersecurity firm, has long asserted its independence of the Russian government. But a court document posted on the Facebook page of a Russian criminal suspect this year shows what appears to be an unusual degree of closeness to the FSB, the country’s powerful security service.

The suspect, Konstantin Kozlovskiy, was arrested in the summer of 2016 in connection with a series of cyber heists of Russian banks, and he is in a Moscow jail awaiting trial. From his cell, he posted documents related to his case.

One of them shows that in April 2015, an FSB agent inside the office of Kaspersky Lab in Moscow gave a company technician a password for a suspected Russian cyber criminal’s computer. The technician gained access to the computer and obtained decrypted documents for the agent.

The agent, A.V. Kutasevich, worked side-by-side with the Kaspersky technician, Ruslan Sabitov, in the “information

Read more at: https://www.washingtonpost.com/world/national-security/court-document-points-to-kaspersky-labs-cooperation-with-russian-security-service/2017/12/13/14ba9450-df42-11e7-bbd0-9dfb2e37492a_story.html

Greek court orders extradition of Russian Bitcoin suspect to US

Greece’s Supreme Court on Wednesday ordered that a Russian accused of laundering $4 billion using bitcoin digital currency be extradited to the United States, a court source said.

Greece’s justice minister will now have the final say on whether to extradite Alexander Vinnik, who headed BTC-e, an exchange for the cyber currency.

He was indicted by a US court in July on 21 charges ranging from identity theft and facilitating drug trafficking to money laundering.

Vinnik has been held in a Greek jail since his arrest on July 25 in the northern Greek tourist resort of Halkidiki. He denies the accusation.

Russia has also filed a demand to extradite Vinnik so he can stand trial on separate fraud charges.

Two Greek courts separately approved both extradition requests in October.

BTC-e, founded in 2011, became one of the world’s largest and most widely used digital currency exchanges.

According to the US indictment, it was “heavily reliant on criminals”.

In

Read more at: http://www.digitaljournal.com/news/world/greek-court-orders-extradition-of-russian-bitcoin-suspect-to-us/article/509898

Researchers expose Russian cyber bank robbers who stole over $10M

Researchers expose Russian cyber bank robbers who stole over $10M

A Russian cyber-criminal group has stolen at least US$ 10 million (£8.5 million) from financial institutions and other organisations in the US, UK, and Russia, typically by targeting card processing systems and interbank transfer systems, according to a new report and corresponding blog post from Group-IB. In some cases, the actors even used money mules to withdraw stolen funds from physical ATM locations.

The previously undisclosed group, named MoneyTaker (after one of its malware tools), has launched more than 20 successful attacks between May 2016 and November 2017, claiming mostly small community banks among its victims, but also a credit union, financial service/software providers, and a law firm. In total, there were 16 attacks on US organisations, three on Russian banks and one against a UK software company, Group-IB reported.

The bad actors stole from its first US bank in May 2016 by gaining access

Read more at: https://www.scmagazineuk.com/news/researchers-expose-russian-cyber-bank-robbers-who-stole-over-10m/article/718186/

Researchers expose Russian cyber bank robbers who stole over …

Researchers expose Russian cyber bank robbers who stole over $10M

A Russian cyber-criminal group has stolen at least US$ 10 million (£8.5 million) from financial institutions and other organisations in the US, UK, and Russia, typically by targeting card processing systems and interbank transfer systems, according to a new report and corresponding blog post from Group-IB. In some cases, the actors even used money mules to withdraw stolen funds from physical ATM locations.

The previously undisclosed group, named MoneyTaker (after one of its malware tools), has launched more than 20 successful attacks between May 2016 and November 2017, claiming mostly small community banks among its victims, but also a credit union, financial service/software providers, and a law firm. In total, there were 16 attacks on US organisations, three on Russian banks and one against a UK software company, Group-IB reported.

The bad actors stole from its first US bank in May 2016 by gaining access

Read more at: https://www.scmagazineuk.com/news/researchers-expose-russian-cyber-bank-robbers-who-stole-over-10m/article/718186/

Russian-Speaking Hackers Steal $10M from US, Russia Banks: Cyber Security Firm

A previously unknown ring of Russian-speaking hackers has stolen as much as $10 million from U.S. and Russian banks in the last 18 months, according to a Moscow-based cyber-security firm that runs the largest computer forensics laboratory in eastern Europe.

The MoneyTaker group broke into 20 systems, which includes 15 U.S. lenders, targeting ATMs with “mules” and Russia’s interbank money-transfer system, Group-IB said in a report provided to Bloomberg.

The hackers, who also breached a U.K. software and service provider, are now probing institutions in Latin America and may be trying to compromise the SWIFT international bank messaging service, according to the privately held security firm, whose clients range from Russia’s biggest lender Sberbank PJSC to Raiffeisen Bank International AG. Group-IB last month signed an agreement with Interpol to share data on threat intelligence and the latest cyber-criminal activities.

“Criminals have changed tactics and are now focusing on banks rather than their

Read more at: https://www.insurancejournal.com/news/international/2017/12/12/473791.htm

Russian Media Outlet Links Treason Case Against Top Cyber-Crime Fighters to American Election Hacking

Russian interference in the U.S. presidential elections is at the heart of secretive treason case against a former FSB official and three of his alleged accomplices arrested last year, a Russian business startup reports.

Sergei Mikhailov, the FSB’s head of cyber investigations, was detained on Dec. 5, 2016, together with three alleged accomplices — his colleague Dmitry Dokuchayev, former Kaspersky Lab employee Ruslan Stoyanov, and internet entrepreneur Georgy Fomchenkov.

The four men have been held in Moscow’s high-security Lefortovo Prison on charges of committing treason. The mysterious case has been hidden from public view after being labeled a “state secret.”

“The four men have been hidden away from everyone, to make sure they don’t give away any sensitive information,” the Bell cited Ivan Pavlov, a lawyer for one of the defendants, as saying.

In an extensive investigation published on the one-year anniversary of the group’s arrest, the Bell outlet cited two

Read more at: https://themoscowtimes.com/news/the-bell-links-treason-case-against-top-russian-fsb-to-american-election-hacking-59810

Russian Media Outlet Links Treason Case Against Top Cyber-Crime …

Russian interference in the U.S. presidential elections is at the heart of a secretive treason case against a former FSB official and three of his alleged accomplices arrested last year, a Russian news startup reports.

Sergei Mikhailov, the FSB’s former head of cyber investigations, was detained on Dec. 5, 2016, together with three alleged accomplices — his colleague Dmitry Dokuchayev, former Kaspersky Lab employee Ruslan Stoyanov, and internet entrepreneur Georgy Fomchenkov.

The four men have been held in Moscow’s high-security Lefortovo Prison on charges of committing treason. The mysterious case has been hidden from public view after being labeled a “state secret.”

“The four men have been hidden away from everyone, to make sure they don’t give away any sensitive information,” the Bell outlet cited Ivan Pavlov, a lawyer for one of the defendants, as saying.

In an extensive investigation published on the one-year anniversary of the group’s arrest, the Bell outlet

Read more at: https://themoscowtimes.com/news/the-bell-links-treason-case-against-top-russian-fsb-to-american-election-hacking-59810

Russian cyber-criminal targeting European businesses jailed

Jail sentences handed out for hacking and phishing

A Russian hacker who ran a sophisticated computer hacking network that stole over £2 million from UK businesses has been jailed for nine years.


Vugar Mollachiev, 37, from Enfield, North London was sentenced at Southwark Crown Court for conspiracy to defraud and money laundering by using technical knowledge to infect computers.


Evidence from a previous cyber-crime investigation identified Mollachiev as being heavily involved in cyber-criminality and online fraud. Scotland Yard said Mollachiev and his friends used their technical knowledge to hack businesses across the UK and Europe. The funds were then spent on high-value goods or transferred to ‘mule’ accounts and ‘cashed out’ via machines before being transferred back to Russia from where they could not be recovered.


Police said Mollachiev was arrested by officers from the Met’s Falcon Cyber Crime Unit on March 17, however he was

Read more at: https://www.scmagazineuk.com/news/russian-cyber-criminal-targeting-european-businesses-jailed/article/711432/

Nine years jail for Russian cyber-criminal targeting European businesses

Jail sentences handed out for hacking and phishing

A Russian hacker who ran a sophisticated computer hacking network that stole over £2 million from UK businesses has been jailed for nine years.

Vugar Mollachiev, 37, from Enfield, North London was sentenced at Southwark Crown Court for conspiracy to defraud and money laundering by using technical knowledge to infect computers.

Evidence from a previous cyber-crime investigation identified Mollachiev as being heavily involved in cyber-criminality and online fraud. Scotland Yard said Mollachiev and his friends used their technical knowledge to hack businesses across the UK and Europe. The funds were then spent on high-value goods or transferred to ‘mule’ accounts and ‘cashed out’ via ATM machines before being transferred back to Russia from where they could not be recovered.

Police said Mollachiev was arrested by officers from the Met’s Falcon Cyber Crime Unit on 17 March, however he was not sentenced

Read more at: https://www.scmagazineuk.com/news/nine-years-jail-for-russian-cyber-criminal-targeting-european-businesses/article/711432/