$5m Bounty For Russian Hacker

The US State Department in collaboration with the US Department of Justice and the FBI are offering an unprecedented $5 million reward for information leading to the arrest or conviction of a Russian hacker named Maksim Yakubets (pictured).  The Lamborghini-driving Moscow hacker who called his operation Evil Corp and has ties to the FSB Russian intelligence service was indicted by US authorities on Thursday for the cybertheft of tens of millions of dollars.

This hacker is allegedly responsible for stealing tens of millions of dollars from banks and consumers over the past decade. In a criminal complaint unsealed in federal court in Nebraska, the US has charged Moscow-based Yakubets of running the notorious Zeus banking malware operation since at least 2009. 

Yakubets and multiple co-conspirators are alleged to have installed Zeus on thousands of business computers and captured information that allowed them to later log into online banking accounts belonging to the victims and initiate fraudulent wire transfers.

Yakubets and other members of his group attempted to steal a staggering $220 million using Zeus and ending up netting at least $70 million from victim bank accounts. 

Among the numerous organisations that were victimised in the Zeus campaign were Bank of America, Bank of Albuquerque, Key Bank, Bullitt County Fiscal Court, GenLabs, and United Dairy. US Federal authorities separately also charged Yakubets and another Russian national, Igor Turashev, 38, with stealing and attempting to steal money from online bank accounts belonging to thousands of individuals and businesses using Bugat - aka Dridex - malware.

The Dridex campaign began around 2009, and as with the Zeus scheme, resulted in millions of dollars being siphoned out of the online bank accounts of consumers and businesses. 

A representative list of victims included at least two banks and four companies. Attacks involving Dridex continued until as recently as March 2019, the DoJ said in a statement announcing the indictment.

"For over a decade, Maksim Yakubets and Igor Turashev led one of the most sophisticated transnational cybercrime syndicates in the world," said US Attorney Scott Brad of Western District of Pennsylvania.

The Dridex operation was one of the most widespread malware campaigns the Justice Department has ever encountered, he added.

Yakubets is alleged to have managed the development, distribution, and maintenance of Dridex and also oversaw the actual financial theft and the use of money mules to receive wire transfers and ACH payments. Turashev served as the systems administrator and was in charge of Dridex botnet operations. NPR on Thursday quoted senior Treasury Department officials describing Yakubets as also working separately for Russia's domestic intelligence agency the Federal Security Service (FSB).

"Maksim Yakubets allegedly has engaged in a decade-long cybercrime spree that deployed two of the most damaging pieces of financial malware ever used and resulted in tens of millions of dollars of losses to victims worldwide," said Assistant Attorney General Brian Benczkowski. 

The $5 million reward for his arrest or conviction is the largest ever the US government has offered in connection with a cybercrime.

Tens of Millions in Losses
According to charging documents unsealed recently in connection with both indictments, Yakubets, Turashev, and others involved in the Dridex campaign infected systems by tricking victims into opening malicious attachments or clicking on rogue links in phishing emails.  They used the malware to collect usernames and passwords to bank accounts either via keystroke logging or by hijacking computer sessions and directing victims to spoofed bank login pages. 
The stolen credentials were then used to initiate fraudulent wire transfers to overseas accounts and to an extensive network of money mules in the US.

Yakubets and Turashev were charged in Pittsburgh and a parallel indictment in Lincoln, Nebraska with multiple counts of conspiracy, computer hacking, wire fraud and bank fraud. Both men are believed to be in Russia, and face possible extradition to the United States if they are arrested in other countries.

FBI:       Dept of Justice:        Dark Reading:        SCMP:     Image: FBI

You Might Also Read:

Bank Creates Its Own AI To Identify & Disintegrate Malware:

Malware – The Hateful Eight:

 

« Bitcoin, Murder & Mafia On “Blockchain Island”
Malware Is Stealing Hotel Guest Data »

CyberSecurity Jobsite
Perimeter 81

Directory of Suppliers

NordLayer

NordLayer

NordLayer is an adaptive network access security solution for modern businesses — from the world’s most trusted cybersecurity brand, Nord Security. 

Cyber Security Supplier Directory

Cyber Security Supplier Directory

Our Supplier Directory lists 6,000+ specialist cyber security service providers in 128 countries worldwide. IS YOUR ORGANISATION LISTED?

Practice Labs

Practice Labs

Practice Labs is an IT competency hub, where live-lab environments give access to real equipment for hands-on practice of essential cybersecurity skills.

IT Governance

IT Governance

IT Governance is a leading global provider of information security solutions. Download our free guide and find out how ISO 27001 can help protect your organisation's information.

ManageEngine

ManageEngine

As the IT management division of Zoho Corporation, ManageEngine prioritizes flexible solutions that work for all businesses, regardless of size or budget.

D-RisQ

D-RisQ

D-RisQ is focussed on delivering techniques to reduce the development costs of complex systems and software whilst maximising compliance

BakerHostetler

BakerHostetler

BakerHostetler is one of the largest law firms in the USA We have five core practice groups including a specialty practice team in Privacy and Data Protection.

NetMotion Software

NetMotion Software

NetMotion Software specializes in mobile performance management solutions to manage, secure and support the mobile enterprise.

Software Factory

Software Factory

Software Factory develops custom-built high-performance software solutions and products for applications including industrial cyber security.

Philippine National Police Anti-Cybercrime Group (PNP-ACG)

Philippine National Police Anti-Cybercrime Group (PNP-ACG)

The mission of the PNP Anti-Cybercrime Group is to implement and enforce pertinent laws on cybercrime and other cyber related crimes and pursue an effective anti-cybercrime campaign.

IBA Security

IBA Security

IBA Security is a center of competence consolidating the cybersecurity expertise of the IBA Group.

CorkBIC International Security Accelerator

CorkBIC International Security Accelerator

CorkBIC International Security Accelerator invests in early stage disruptive companies in the security industry including, Cybersecurity, Internet of Things (IOT), Blockchain and AI.

Jamf

Jamf

Jamf is the only Apple Enterprise Management solution of scale that remotely connects, manages and protects Apple users, devices and services.

Presidio Identity

Presidio Identity

Presidio Identity offers a digital-native approach that brings security, privacy, and simplicity to user authentication and digital interactions.

Pakistan Telecommunication Company Limited (PTCL)

Pakistan Telecommunication Company Limited (PTCL)

Pakistan Telecommunication Company Limited (PTCL) is the largest integrated Information Communication Technology (ICT) company of Pakistan.

Anonomatic

Anonomatic

Anonomatic’s mission is to make data privacy secure, simple and cost effective. We are Data and Privacy Experts who are passionate about helping organizations solve PII compliance.

Network Perception

Network Perception

Network Perception proactively and continuously assures the security of critical OT assets with intuitive network segmentation verification and visualization.

MailChannels

MailChannels

MailChannels protects companies against malicious email threats. Used by 750+ hosting providers around the world.

Falconfeeds

Falconfeeds

Falconfeeds empowers businesses and security professionals with immediate access to the latest and historical threat intelligence data.

ThreatCaptain

ThreatCaptain

ThreatCaptain is a Cybersecurity Leadership Development Company driven to enhance and illuminate cybersecurity risk through strategic alignment and informed business decision-making.

Gcore

Gcore

Gcore is an international leader in public cloud and edge computing, content delivery, hosting, and security solutions.