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February 26, 2015

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Europe police, tech firms bust cybercrime ring

A CYBERCRIME ring that used 3.2 million hacked computers worldwide to steal banking information by seizing control of servers has been disrupted by European police and technology companies.

Europol’s European Cybercrime Center coordinated the operation out of its headquarters in The Hague, targeting the so-called Ramnit botnet, a network of computers infected with malware. It worked with investigators from Germany, Italy, the Netherlands and Britain and was assisted by companies Anubisnetwork, Microsoft and Symantec, which said 3.2 million computers were hacked.

“We worked together to shut down the command and control servers for the network in various countries across the European Union,” Paul Gillen, head of operations at the cybercrime centre, said. “The criminals have lost control of the infrastructure they were using.”

Seven servers used by the cybercriminals were shut down overnight, officials said.

The malware, installed through links on spam email or infected websites, enabled culprits to take control of the PCs and use them for criminal activities. Computers around the world have been infected by the botnet, mostly Britain. Ramnit has been infecting computers since 2012.




 

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