16 Cybercriminals Behind Mekotio and Grandoreiro Banking Trojan Arrested in Spain
Jul 14, 2021
Spanish law enforcement agencies on Wednesday arrested 16 individuals belonging to a criminal network in connection with operating two banking trojans as part of a social engineering campaign targeting financial institutions in Europe. The arrests were made in Ribeira (A Coruña), Madrid, Parla and Móstoles (Madrid), Seseña (Toledo), Villafranca de los barros (Badajoz), and Aranda de Duero (Burgos) following a year-long investigation codenamed "Aguas Vivas", the Civil Guard said in a statement. "Through malicious software, installed on the victim's computer by the technique known as 'email spoofing', [the group] would have managed to divert large amounts of money to their accounts," authorities noted . Computer equipment, mobile phones, and documents were confiscated, and more than 1,800 spam emails were analyzed, enabling law enforcement to block transfer attempts totaling €3.5 million successfully. The campaign is said to have netted the actors €2...