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Ukrainian Suspected of Leading Carbanak Gang Arrested in Spain

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A Ukrainian national suspected of being the leader of a gang that used Carbanak malware to steal a significant amount of money from banks worldwide has been arrested in Spain, Europol and the Spanish government announced on Monday.


According to authorities, the man is believed to be the mastermind of an operation that resulted in losses totaling over €1 billion ($1.24 billion). The hackers , has been around since at least 2013 and its activities were first detailed in 2014. According to Spain’s interior ministry, investigations into the group started in 2015.


According to Europol, the cybercriminals started out by using a piece of malware they had dubbed Anunak. They later improved their malware, a version that the cybersecurity industry has dubbed Carbanak. Starting with 2016, they launched more sophisticated attacks using a custom version of the penetration testing tool Cobalt Strike. It’s worth noting that this is not the only cybercrime group known to 


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) is a contributing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.
Previous Columns by Eduard Kovacs:


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