+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

REPORT: Russian Cyber Crime Syndicate Linked To Neiman Marcus Theft

Apr 7, 2014, 19:43 IST

Hyungwon Kang / ReutersU.S. Department of Homeland Security analysts work at the National Cybersecurity & Communications Integration Center (NCCIC) located just outside Washington in Arlington, Virginia

The FBI believes a Russian cyber-crime syndicate is behind the attack on Neiman Marcus Group that stole hundreds of thousands of credit card numbers, Bloomberg reports.

Advertisement

The group is well known to U.S. authorities, and it has stolen more than 160 million credit-card numbers over the past seven years.

Unnamed officials told Bloomberg that aside from Neiman Marcus, the group has also stolen information from over 100 other companies, including as Citigroup Inc. and J.C. Penney Co.

The FBI and the U.S. State Department have been attempting to persuade Russian officials to arrest members of the syndicate with little success, according to two former U.S. officials. In 2008 and 2009, a series of trips to Russia by senior FBI agents seemed to signal enhanced Russian cooperation.

Russia, despite extensive information from the FBI and pledges of cooperation, carried out no arrests. It is now thought that Russia was using the FBI's information to discover talented hackers for recruitment.

Advertisement

The Russian government allegedly maintain a network of affiliated hackers that it can use for targeted cyber attacks against foreign nations. The hackers are not hired officially by the government in order to maintain plausible deniability.

Russia has used hackers before to cripple the Estonian financial sector. Currently, Russia is engaging in a low-grade, but quickly escalating, cyber war in Ukraine.

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article