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Three people sentenced for running $100 million malware crime network
The takedown of a massive malware crime network is now leading to consequences for some of its alleged participants. The US and the country of Georgia have sentenced three people for their roles in using GozNym malware to steal upwards of $100 million. Krasimir Nikolov was sentenced in the US to the 39 months he'd served in prison for serving as an "account takeover specialist," and will be retirned to Bulgaria. Two others, the "primary organizer" Alexander Konolov and his assistant Marat Kazandjian, have also been prosecuted in Georgia for their roles. The US Justice Department didn't detail their punishment.
International effort busts $100 million malware crime network
The US, five other countries and Europol have dismantled an elaborate cybercrime ring that relied on one piece of malware to pull off heists. Officials have charged 10 people across five countries with using GozNym malware to grab banking login credentials in a bid to steal about $100 million from over 41,000 target computers, most of them linked to US businesses and their associated banks. It's not certain how much money the team obtained.
