GozNym cybercrime network dismantled

The criminal network behind the Goznym malware has been dismantled by law enforcement agencies in Europe and USA. According to Europol, the criminal network used GozNym malware in an attempt to steal an estimated USD$100 million from more than 41 000 victims. The criminals spammed hundreds of potential victims with e-mails that contained a malicious link or attachment, which upon clicking redirected the victims’ computer to a malicious domain on a server hosting the GozNym malware. Upon gaining unauthorised access to victims’ online bank accounts, the hackers initiated electronic transfers of funds, which were laundered in the US and other accounts and distributed amongst the members of the network. Out of 10 persons indicted in the case, 5 remain at large.