Siberian Crooks Dev’d Custom Malware in ATM Slurp Heist Scheme
The Register reports Russian cybercrooks contracted a virus writer to develop custom-made malware before launching a plot to loot compromised ATM machines. Once in place, the malware allowed the gang to obtain bank card details and associated PIN codes for later fraud. Although the gang – mostly from Yakutsk, a mid-sized city close to the Artic Circle in Siberia – were ultimately caught, the sophistication, planning and investment that went into their plot ought to be a wake-up call for the banking industry.
