Police Arrest 5 Cyber Thieves Who Stole 3.2 Million From ATMs Using Malware
Jan 28, 2017
Law enforcement authorities from Europe and Russia have arrested five members of an international cyber criminal gang for stealing $3.2 million cash from ATMs using malware. Three of the suspects, Andrejs Peregudovs (41), of Latvia, Niklae Penkov (34) of Moldova, and Mihail Colibaba (30) of Romania, were arrested in Taiwan by the Taiwanese Criminal Investigation Bureau last summer, have already been sentenced to 5 years in prison for their role in a massive ATM heist operation, involving 22 individuals from 6 countries. The European-based cyber criminal gang used a variety of different hacking techniques to infect ATMs with malware and force them to dispense cash. According to Europol that began its investigation in early 2016, the gang used spear-phishing emails containing malicious attachments to target bank employees and penetrate the bank's internal networks. From there, the cyber crooks then located and hacked into the network of ATMs from the inside, and used a m...