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Cybercrime group steals millions from Russian banks, targets US and European retailers

Lucian Constantin | Dec. 23, 2014
A sophisticated group of cybercriminals has stolen over US$25 million by hacking into the infrastructure of numerous financial institutions in Russia and former Soviet Union countries, as well as into point-of-sale systems belonging to U.S. and European retailers.

At least 16 possible breaches have been identified at retail organizations -- 12 of them in the U.S. -- and theft of credit card data was confirmed in three of those cases, the researchers said in their report. The group also compromised computers at three U.S.-based PR and media organizations, possibly with the intention of obtaining trading advantages on the stock market, they said.

"We have no evidence of compromises against banks in Western Europe or United States, but it should be noted that the attackers methods could be utilized against banks outside of Russia as well," the researchers warned.


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