Dridex is considered one of the most effective banking malware families Credit: Jeremy Kirk A cybercriminal network that caused at least US$10 million in losses has been disrupted by U.S. and U.K. law enforcement, with the U.S. seeking a Moldovan man’s extradition, the Department of Justice said Tuesday.Andrey Ghinkul, 30, is accused of being the administrator of the Dridex botnet, also known as Cridex and Bugat.A nine-count indictment was unsealed on Tuesday in the U.S. District Court for the Western District of Pennsylvania, DOJ said. Ghinkul was arrested on Aug. 28 in Cyprus.Dridex has been a real headache for a number of years. It collects online banking credentials from infected computers, which prosecutors said were then used to initiate large wire transfers. In one example, Ghinkul and his gang allegedly transferred $2.1 million from an account of Penneco Oil Company, based in Delmont, Pennsylvania, to one in Krasnodar, Russia, on Aug. 31, 2012, according to the indictment.Four days later, Penneco Oil was hit again, this time with $1.3 million going to an account in Minsk, Belarus. The same day, the group allegedly tried to transfer a further $76,520 from the company’s accounts. Penneco Oil’s account information was believed to have been compromised after Ghinkul’s group sent one of the company’s employees a phishing email, prosecutors said.Dridex is considered one of the top banking malware families. It spreads through targeted spam that contains attachments to malicious XML files, Microsoft Office documents with macros or links to malicious websites.The malware can log keystrokes and inject fake HTML fields into Web pages that ask users for more sensitive information. It also can frequently escape detection by antivirus software. Related content news analysis P2Pinfect Redis worm targets IoT with version for MIPS devices New versions of the worm include some novel approaches to infecting routers and internet-of-things devices, according to a report by Cado Security. By Lucian Constantin Dec 04, 2023 5 mins Botnets Botnets Botnets news Hackers book profit by scamming Booking.com customers Malicious elements are using Vidar infostealer to gain access to Booking.com’s management portal and defraud customers. By Gagandeep Kaur Dec 04, 2023 4 mins Cyberattacks opinion Proactive, not reactive: the path to ensuring operational resilience in cybersecurity The experience of the financial sector in dealing with threats is instructive to anyone in the cybersecurity space — there’s no substitute for getting out ahead of potential risks and problems. By Cameron Dicker Dec 04, 2023 6 mins Financial Services Industry Financial Services Industry Financial Services Industry feature 4 budget-savvy strategies for building an effective purple team Building a purple team is not only for organizations with a generous budget. From the shoestring one-person operation harnessing open-source power to the well-oiled machine of a comprehensive team, organizations of all sizes have a pathway to heighte By Maril Vernon Dec 04, 2023 14 mins Threat and Vulnerability Management IT Training Risk Management Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe