$1.2 Billion Crime Spree Ends with Arrests of Carbanak Cybercrime Gang

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Europol's arrest of the alleged leaders of the Carbanak crime ring is positive news for cybersecurity across the globe. The manner in which the individuals were caught demonstrates the importance of public-private partnerships and the global nature of cybercrime. The inclusion of police agencies in at least five countries shows how difficult it can be to track a single actor though all of their online activity and the jurisdictional challenges law enforcement faces while pursuing these criminals.

Article Link: https://www.cybereason.com/blog/carbanak-cybercrime-gang-arrest