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The arrest in Spain of a key member of a global cybercrime syndicate responsible for more than one hundred digital bank robberies worldwide was also made possible thanks to the engagement of the Cybersecurity Working Group of the European Banking Federation.
European and Spanish police authorities today announced that the leader of the crime gang behind the Carbanak and Cobalt malware attacks targeting over 100 financial institutions worldwide has been arrested in Alicante, Spain, after a complex investigation conducted by the Spanish National Police, with the support of Europol, the US FBI, the Romanian, Belarussian and Taiwanese authorities and private cyber security companies.
The international police cooperation was coordinated by Europol....
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