FBI: Cybercrime Gang Stole $1.2 Million via Bank Malware

Using malware to infect individuals' PCs and drain their bank accounts continues to be a lucrative source of income for criminals, but such cybercrime has never been a risk-free undertaking.

The latest example of the potential profits and pitfalls from participating in a banking Trojan attack campaign comes via Vyacheslav Khaimov, 55, who pleaded guilty Feb. 3 before U.S. Senior District Judge Edward R. Korman to running an unlicensed money-transmitting business tied to the theft of $1.2 million from at least 30 victims, according to the U.S. Department of Justice.

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