1.5 million Ruble saved by Russian Police! A series of Cyberattacks has been detected!

A series of cyber-attacks on Russian Banking System was planned by a group of hackers. But the Interior Ministry’s department of Cybercrime uncovered it. International Payment systems and Banks of Russia and EU, were the target of cybercriminals. It was a group of 50 hackers. Moscow’s 30-years old IT expert was the head of this group.

The head of Russian Cybercrime department Alexei Moshkov said, these cybercriminals were planning cyberattacks on the processing centres of Local banks of Russia and Foreign banks located in Russia. SWIFT systems o these banks were on the target of the hackers. This group of hackers was very smart because they owned a software which is capable to make fake bills very easily. Some of the world financial networks were also on their target. Hackers performed their first attack on the processing centre if VISA, but security experts of VISA successfully prevent the systems from this attack.

The systems of these banks were using some protocols, which had vulnerabilities. Exploits of these vulnerabilities were created by the hackers, thus they entered in the network of banks. A payment system was created by the hackers to facilitate the withdrawal of funds. Hackers were introduced to international rules and standards of banking systems, that’s why they prepared special type of systems which were capable to hack the ATM machines and spreading malware through the internal network of banks.

Department of Cybercrime has save RUB 1.5 billion, which is equal to approximately 13 million pounds. Russia have detect this third group of hackers, within the few months. Before this two more groups were detected by security researchers of Kaspersky lab.

These hackers were able to hack a number of local banks of Russia. Russian police detected them, when they were trying to disconnect hacked banks from the Russian electronic payment systems.

Source: scmagazine