From the Wires
Trend Micro Teams with Spanish Police in Reveton Ransomware Gang Arrests
By: PR Newswire
Feb. 13, 2013 04:27 PM
CUPERTINO, Calif., Feb. 13, 2013 /PRNewswire/ -- Today, Spanish Police officials announced the arrest of one of the alleged heads of a cybercriminal gang that uses the ransomware strain known as Reveton. The apparent arrest of this alleged cybercriminal of Russian origin occurred in Dubai, United Arab Emirates. Spanish police are working to extradite the suspect to Spain.
In addition, there were arrests of members of the same gang focused on obtaining funds abusing PaySafeCard / UKash vouchers. The Reveton gang apparently had a branch in Spain that exchanged these vouchers and converted them into actual money, which would then be transferred to the leaders of the gang in Russia. According to police this activity has netted the gang over one million Euros per year. Additionally, the Reveton ransomware is still in circulation and being used by others. As there is still an ongoing investigation, only certain information is available at this time.
These arrests are a tremendous result from the ongoing work and collaboration between the Spanish police and Trend Micro's eCrimes unit which works extensively and collaboratively with law enforcement authorities across the globe.
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SOURCE Trend Micro
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