Article: TECH ‘Evil Corp’: Feds charge Russians in massive $100 million bank hacking scheme

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TECH ‘Evil Corp’: Feds charge Russians in massive $100 million bank hacking scheme

Kate Fazzini, 05 December 2019

The U.S. Justice and Treasury departments took action Thursday against a Russian hacking group known as “Evil Corp.,” which stole “at least” $100 million from banks using malicious software that swiped banking credentials, according to a joint press release.

“Evil Corp.,” a name reminiscent of the nickname for the key malevolent corporation in the popular television drama “Mr. Robot,” is “run by a group of individuals based in Moscow, Russia, who have years of experience and well-developed, trusted relationships with each other,” according to a Treasury Department press release.

The criminal group used a type of malware known as “Dridex,” which worked to evade common anti-virus software and spread through emailed phishing campaigns. Once infected, the malware was able to steal login credentials and empty the accounts of bank employees and bank customers, forwarding the proceeds to offshore accounts held by Evil Corp., according to the press release. The group also stole an estimated $70 million using a similar malware known as “Zeus.”

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