Avalanche

December 1, 2016

‘Avalanche’ Global Fraud Ring Dismantled

This post was originally published on this siteIn what’s being billed as an unprecedented global law enforcement response to cybercrime, federal investigators in the United States, United Kingdom and Europe today say they’ve dismantled a sprawling cybercrime machine known as “Avalanche” — a distributed, cloud-hosting network that for the past seven years has been rented out to fraudsters for use in launching countless malware and phishing attacks. The global distribution of servers used in the Avalanche crime machine. Source: Shadowserver.org According to Europol, the action was the result of a four-year joint investigation between Europol, Eurojust the FBI and authorities in the […]
December 8, 2016

‘Avalanche’ Crime Ring Leader Eludes Justice

This post was originally published on this siteThe accused ringleader of a cyber fraud gang that allegedly rented out access to a criminal cloud hosting service known as “Avalanche” is now a fugitive from justice following a bizarre series of events in which he shot at Ukrainian police, was arrested on cybercrime charges and then released from custody. Gennady Kapkanov. Source: NPU.gov On Nov. 30, authorities across Europe coordinated the arrest of five individuals thought to be tied to the Avalanche crime gang, in an operation that the FBI and its partners abroad described as an unprecedented global law enforcement response […]
May 16, 2019

Feds Target $100M ‘GozNym’ Cybercrime Network

This post was originally published on this siteLaw enforcement agencies in the United States and Europe today unsealed charges against 11 alleged members of the GozNym malware network, an international cybercriminal syndicate suspected of stealing $100 million from more than 41,000 victims with the help of a stealthy banking trojan by the same name. The locations of alleged GozNym cybercrime group members. Source: DOJ The indictments unsealed in a Pennsylvania court this week stem from a slew of cyber heists carried out between October 2015 and December 2016. They’re also related to the 2016 arrest of Krasimir Nikolov, a 47-year-old […]