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Spain Busts Alleged Kingpin Behind Prolific Malware

The alleged leader of a cybercrime gang tied to more than $1 billion in losses has been arrested in Alicante, Spain. Authorities say the suspect – named only as “Denis K.” – is a Ukrainian national. He’s been accused of running a gang that developed Carbanak and Cobalt malware. Each of the group’s attack campaigns resulted in thefts of up to 10 ($12.4 million) The gang targeted ATMs in Madrid’s city center in 2017, extracting about 500,000 ($620,000) in cash.”]

Source: https://www.govinfosecurity.com/spain-busts-alleged-kingpin-behind-prolific-malware-a-10745

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