Thursday, 5 December 2019

A Russian hacking group literally called 'Evil Corp' stole $100 million from banks

A Russian hacking group literally called 'Evil Corp' stole $100 million from banks

Sometimes life imitates cheesy, pulpy Cold War-era art. And when it does, it's truly amazing.

The U.S. Department of the Treasury has sanctioned and indicted members of a Russian cybercrime organization responsible for stealing $100 million from account holders at U.S. and international banks, it announced in a press release Thursday.

The group is called — wait for it — Evil Corp.

Evil Corp (omg!) developed malware called Dridex that allows it to scrape banking login credentials from devices infected by successful phishing schemes. It then uses the login credentials to steal cash, transfer it to "money mules" (individual bank accounts), that then transfer it to Evil Corp accounts. Step 1: Create Evil Corporation. Step 2: Profit! Read more...

More about Cold War, Russian Hack, Tech, and Cybersecurity

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