19 arrests in Zeus cybercrime network

Police in the UK have arrested 19 people on suspicion of using the Zeus trojan, also known as Zbot virus to steal around 6 million pounds from UK banks over just three months.  Part of the evils of this virus is that it not only steal passwords, but also adds the computers to the infected network which allows the criminals to access logins and move funds to accounts they control

“We believe we have disrupted a highly organised criminal network, which has used sophisticated methods to siphon large amounts of cash from many innocent peoples’ accounts, causing immense personal anxiety and significant financial harm – which of course banks have had to repay at considerable cost to the economy,” said Detective Chief Inspector Terry Wilson, from the Police Central E-Crime Unit in the UK.

Dave Jevans, CEO of IronKey applauds the arrests but warns that cybercriminals are aware of the fact that they can steal larger sums from corporate accounts, than from targeting individuals.

The full article from SC Magazine is available here.