At the start of the month, the Justice Department laid charges against three key members of FIN7, one of the most sophisticated cyber-criminal rings that has ever been seen. The arrests came as a result of cooperation between government agencies such as the FBI, credit card companies Visa and Mastercard, and threat analysts from FireEye. While the charges probably won’t put a stop to such a well-resourced group, the investigation has given us insight into some of the latest techniques that are being used by hackers.
Who Are FIN7?
According to Wired, FIN7 are responsible for attacks on more than 3,600 business locations, stealing over 15 million credit card numbers–and that’s just from their US activities. Some of the affected businesses include Arby’s, Chipotle and Chili’s, although FireEye reports that they have targeted a range of sectors in both the US and Europe, ranging from government and finance to gaming and travel. The hacking group’s attacks are so lucrative that the CTO of Gemini Advisori, Dmitry Chorine, estimated them to be making $50 million each month, with a total of over $1 billion in the years that they have been active.
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