E-crime fighters collar three over bank attacks

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Two suspects charged in connection with alleged online Spyeye banking crimes.

British Police have charged two of three arrested over suspected hacking charges that resulted in malware being installed on their owners' PCs.

E-crime fighters collar three over bank attacks

Police gave only limited details of the crime the trio were alleged to have committed, but they confirmed the arrests were part of an international investigation looking into malware that was used to infect computers and steal private banking details.

Police charged Lithuanian Pavel Cyganoc, 26, with conspiracy with others to cause unauthorised modification to computers, conspiracy to defraud and concealing proceeds of crime.

Police also charged 45-year-old Latvian Aldis Krummins with conspiracy to defraud and concealing proceeds of crime, while a third man has been released on bail and is due to face further questioning in August.

The investigation was thought to centre on a recently discovered bank-cracking trojan called SpyEye, which builds on the success of the Zeus malware.

Zeus was widely used to break into bank accounts before siphoning money into mule accounts for export and although police arrested 19 over those attacks, security experts say SpyEye is its de facto successor.

This article originally appeared at pcpro.co.uk

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