Law enforcement arrested the head of the Carbanak gang that stole 1 billion from banks


By Pierluigi Paganini

The head of the crime ring behind the Carbanak gang that since 2013 targeted banks worldwide has been arrested in Spain.

The mastermind suspected of stealing about £870m (€1bn) in a bank cyber heist has been arrested in Spain.

The man is suspected to be the kingpin of the crime ring behind the Carbanak gang that since 2013 targeted banks worldwide with the homonym malware and the Cobalt malicious code.

The leader of the crime gang behind the Carbanak and Cobalt malware attacks targeting over a 100 financial institutions worldwide has been arrested in Alicante, Spain, after a complex investigation conducted by the Spanish …read more

Via:: Security Affiars