Europol has cracked down on a cybercrime ring believed to have developed and distributed malware designed to steal valuable financial information. The operation resulted in the arrest of five suspects stemming from eight house searches and the seizure of computer equipment in multiple cities across Ukraine. The joint operation, between Europol and Eurojust, focused on arresting suspects believes to have developed, exploited and distributed ZeuS and SpyEye malware. These two malware families are well-known banking Trojans used by botnets and phishing campaigns worldwide. Additionally, the group used underground forums to trade stolen credentials, compromised bank account information and malware, and also sold their own hacking services.
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