Symantec unearths international cybercriminal gang

Symantec's assistance helped the FBI arrest three cybercriminals from Romania

Tags: Cyber crimeSymantec Corporation
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Symantec unearths international cybercriminal gang The FBI were able to capture three criminals from Romania who were responsible for stealing up to $35 million
By  Aasha Bodhani Published  December 18, 2016

Symantec has unveiled it helped unearth an international cybercriminal gang dubbed "Bayrob", after a decade-long research campaign.

With the security firm's knowledge and intelligence, the FBI were able to capture three criminals from Romania who were responsible for stealing up to $35 million from victims through auto action scams, credit card fraud and computer intrusion.

Symantec gathered intelligence data, discovered various strains of Bayrob malware and saw it morph from online fraud to 300,000+ botnet for cryptocurrency mining.  

Mike Fey, president and chief operating officer at Symantec, said: "The Symantec Security Response team responsible for gathering the intelligence that assisted the FBI in this operation has an unparalleled track record when it comes to detecting cyber criminals and their stealthy methods.

"We expect our success record will continue to grow now that we've combined Symantec's global threat intelligence with Blue Coat. By unifying our threat telemetry we're seeing 500,000 additional detections every day to help us get ahead of attacks and defend our customers."

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