Update: Ukranian police arrest 5, targeting brains behind Zeus botnet

Robert McMillan and Grant Gross report:

Ukrainian police on Thursday arrested five people thought to be the brains behind a scam using the Zeus Trojan to siphon money from small businesses in the U.S.

The operation is part of an ongoing effort to take down a criminal empire that stole $70 million from victims’ bank accounts over the past few years. Many of those hit were small businesses or local organizations that ended up having to absorb the costs of the fraud.

Ukraine’s national police force, the SBU, made the arrests as part of a joint effort with the U.S. Federal Bureau of Investigation, police in the Netherlands and the U.K.’s Metropolitan Police Service. Those detained are “key subjects responsible for this overarching scheme,” the FBI said in a statement.

Read more on Computerworld.

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