Cyber Crime Gang Arrested for Infecting Over 1 Million Phones with Banking Trojan
May 23, 2017
The Russian Interior Ministry announced on Monday the arrest of 20 individuals from a major cybercriminal gang that had stolen nearly $900,000 from bank accounts after infecting over one million Android smartphones with a mobile Trojan called "CronBot." Russian Interior Ministry representative Rina Wolf said the arrests were part of a joint effort with Russian IT security firm Group-IB that assisted the massive investigation. The collaboration resulted in the arrest of 16 members of the Cron group in November 2016, while the last active members were apprehended in April 2017, all living in the Russian regions of Ivanovo, Moscow, Rostov, Chelyabinsk, and Yaroslavl and the Republic of Mari El. Targeted Over 1 Million Phones — How They Did It? Group-IB first learned of the Cron malware gang in March 2015, when the criminal gang was distributing the Cron Bot malware disguised as Viber and Google Play apps. The Cron malware gang abused the popularity of SMS-banking ...
