LIGNET: New Malware Suggests Kremlin Support for Cyber Thieves

Friday, 09 Aug 2013 12:53 PM

By LIGNET Wires

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Image: LIGNET: New Malware Suggests Kremlin Support for Cyber Thieves
Russian President Vladimir Putin is seen on a computer screen in an Internet cafe in Moscow during a special interactive webcast in 2006. Evidence of Putin’s support of cyber criminals who steal millions from US bank accounts is growing, but will be hard to prove. (DENIS SINYAKOV/AFP/Getty Images)
A new professional-grade piece of banking malware dubbed "KINS" recently appeared on the Russian black market, providing further evidence that the Russian government is not just ignoring the activities of cyber thieves, but is quietly encouraging them. Russian’s refusal to cooperate in the July 25 indictments of five Russians and a Ukrainian for hacking and theft of millions of dollars from American bank accounts using KINS has added to the growing suspicions.

Click here to read the full analysis from top intelligence experts at LIGNET.com.




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