Cyber Crime Gang Arrested for Infecting Over 1 Million Phones with Banking Trojan

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The Russian Interior Ministry announced on Monday the arrest of 20 individuals from a major cybercriminal gang that had stolen nearly $900,000 from bank accounts after infecting over one million Android smartphones with a mobile Trojan called “CronBot.” Russian Interior Ministry representative Rina Wolf said the arrests were part of a joint effort with Russian IT security firm Group-IB that assisted the massive investigation.

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