Slovenian cybercrime ring nets 2M euros by targeting accounting employees

Slovenian Police detained five Slovenian citizens tied to the theft of company banking credentials and large sums of money. The perps had been dropping keystroke logging software into office accounting personnel’s computers to retrieve account passwords. The keylogger software was hidden in an email sent to the employees “that gave the impression of coming from a local bank (in one case even pretended to be coming from the state tax authority and warned about the fictitious change of legislation that would have financial consequences for the targeted victim).”

With the stolen credentials, the criminal gang pocked about 2 million Euros total.

The attacks usually happened on Fridays or the day before a national holiday. This allowed the attackers to queue money transfer orders unobserved during weekends and holidays.

The police investigation leading up to the March 21 arrests began in mid-2012.