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The Hacker News - Cybersecurity News and Analysis: GozNym Banking Malware

Hackers Behind GozNym Malware Sentenced for Stealing $100 Million

Hackers Behind GozNym Malware Sentenced for Stealing $100 Million

December 21, 2019Swati Khandelwal
Three members of an international organized cybercrime group that was behind a multi-million dollar theft primarily against U.S. businesses and financial institutions have been sentenced to prison, the U.S. Justice Department announced. The criminals used the GozNym banking Trojan to break into more than 4,000 victim computers globally, primarily in the United States and Europe, between 2015 and 2016, and fraudulently steal nearly $100 million from their banking accounts. In May this year, Europol dismantled the cybercrime network behind GozNym, with the United States issuing charges against a total of ten members of the group, 5 of which were arrested at that time, while five others, including the developer of GozNym, remain at the run. In a federal court in Pittsburgh on Friday, Krasimir Nikolov , one of the group's members, was sentenced to a period of time served after having served over 39 months in prison for his role as an "account takeover specialist" i
'GozNym' Banking Malware Gang Dismantled by International Law Enforcement

'GozNym' Banking Malware Gang Dismantled by International Law Enforcement

May 16, 2019Mohit Kumar
In a joint effort by several law enforcement agencies from 6 different countries, officials have dismantled a major global organized cybercrime network behind GozNym banking malware . GozNym banking malware is responsible for stealing nearly $100 million from over 41,000 victims across the globe, primarily in the United States and Europe, for years. GozNym was created by combining two known powerful Trojans—Gozi ISFB malware, a banking Trojan that first appeared in 2012 and Nymaim, a Trojan downloader that can also function as ransomware. In a press conference held on Thursday, Europol said the operation was successfully conducted with the cooperation between Bulgaria, Germany, Georgia, Moldova, Ukraine, and the United States. The United States has charged ten members of the GozNym criminal network, 5 of which were arrested during several coordinated searches conducted in Bulgaria, Georgia, Moldova, and Ukraine. However, rest of the five defendants reside in Russia and a
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