50 hackers of Russian ring held for stealing $25 mn from banks

Image
IANS Moscow
Last Updated : Jun 01 2016 | 8:23 PM IST

At least 50 members of a hacking ring were arrested on suspicion of stealing over 1.7 billion rubles (over $25 million) from Russian bank accounts, authorities said on Wednesday.

The group has created a malicious computer programme to gain access to accounts of legal entities and correspondent accounts of financial institutions, Xinhua news agency quoted the interior ministry as saying in a statement.

The suspects have been detained in 15 different regions and transported to Moscow with the support of the newly-created National Guard, the Federal Security Service said in a statement.

During the searches, a large quantity of computer equipment, electronic data storage devices, SIM cards, bank cards, rubber stamps and forged documents of legal entities have been seized.

The investigation department of the interior ministry has opened a criminal case.

--IANS

py/vt

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 01 2016 | 8:10 PM IST

Next Story