Law enforcement in Chuvashia identified hackers who, over five years, stole more than 20 million rubles from customers of Russian banks. The hackers converted the stolen funds into cryptocurrencies, according to RIA Novosti.
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For the theft of funds, hackers used the FakeToken malware. Their attacks targeted Android users. Using the malware, attackers intercepted SMS messages from banks and collected card data, and then transferred money from victims’ accounts.
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Over the past five years, hackers gained access to more than 5,000 phones and data from at least 2,500 bank cards, BI.ZONE said, the cybersecurity company that assisted law enforcement in the investigation.
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The Interior Ministry arrested the alleged organizer and two members of the criminal group. During questioning, they admitted that they had been operating since 2015.
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During searches at the home of one of the suspects, law enforcement officers found devices confirming the use of FakeToken, as well as SIM cards from various telecom operators and Telegram correspondence confirming the suspect’s involvement in illegal activity.
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In October, Moscow police detained suspects in organizing a call centre, whose employees stole money from citizens’ bank accounts and transferred part of the stolen funds into cryptocurrencies.
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