Hackers Behind GozNym Malware Sentenced for Stealing $100 Million

GozNym Banking Malware

Three members of an international organized cybercrime group that was behind a multi-million dollar theft primarily against U.S. businesses and financial institutions have been sentenced to prison, the U.S. Justice Department announced.

The criminals used the GozNym banking Trojan to break into more than 4,000 victim computers globally, primarily in the United States and Europe, between 2015 and 2016, and fraudulently steal nearly $100 million from their banking accounts.

In May this year, Europol dismantled the cybercrime network behind GozNym, with the United States issuing charges against a total of ten members of the group, 5 of which were arrested at that time, while five others, including the developer of GozNym, remain at the run.

In a federal court in Pittsburgh on Friday, Krasimir Nikolov, one of the group’s members, was sentenced to a period of time served after having served over 39 months in prison for his role as an “account takeover specialist” in the scheme, and will now be transferred to Bulgaria.

Nikolov, 47, was arrested in September 2016 by Bulgarian authorities and extradited to Pittsburgh in December 2016 to face federal charges of criminal conspiracy,…

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