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THE HAGUE: International cyber-crime gang busted

An international crime gang which used malware to steal $100m from more than 40,000 victims has been dismantled.

A complex police operation conducted investigations in the US, Bulgaria, Germany, Georgia, Moldova and Ukraine.

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The gang infected computers with GozNym malware, which captured online banking details to access bank accounts.

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The gang was put together from criminals who advertised their skills on online forums.

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Details of the operation were revealed at the headquarters of the European police agency Europol in The Hague.

It said the investigation was unprecedented, especially in terms of cross-border co-operation.

Ten members of the network have been charged in Pittsburgh, US on a range of offences, including laundering those funds using US and foreign bank accounts.

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