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Director / Editor: Victor Teboul, Ph.D.
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Security Firm: Cybercrime Ring Stole Up to $1B From Banks

A multinational gang of cybercriminals has stolen as much as $1 billion from as many as 100 financial institutions around the world in about two years, Russian computer security company Kaspersky Labs said Saturday. The company said it was working with Interpol, Europol and authorities from different countries to try to uncover more details on what it called an unprecedented robbery. The gang, which Kaspersky dubbed Carbanak, takes the unusual approach of stealing directly from banks,...


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