Focus Taiwan
Date: 2018/03/26
By: Wang Hung-kuo and Ko Lin
Taipei, March 26 (CNA) One of the ring leaders behind the heist of more than NT$83
CNA file photo
million (US$2.85 million) from Taiwan’s First Bank ATMs nearly two years ago has been arrested in Spain, the Criminal Investigation Bureau (CIB) said in a statement Monday.
The complex investigation, which lasted nearly 20 months, was jointly conducted by local authorities and the Spanish National Police, with support from Europol’s European Cybercrime Centre (EC3) and private cyber security companies, according to the CIB.
Identified only by his name Denys, the Russian native is one of the leaders of the cybercrime syndicate “Cobalt,” which has been targeting banks, e-payment systems and financial institutions around the world using a malware it designed, known as Cobalt Strike, since 2016, the bureau said.
The group has so far infiltrated over 100 financial institutions in 40 countries, and stolen nearly 1 billion euros. [FULL STORY]
