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@CloudExpo Authors: Yeshim Deniz, Pat Romanski, Liz McMillan, Elizabeth White, Maria C. Horton

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Trend Micro Teams with Spanish Police in Reveton Ransomware Gang Arrests

CUPERTINO, Calif., Feb. 13, 2013 /PRNewswire/ -- Today, Spanish Police officials announced the arrest of one of the alleged heads of a cybercriminal gang that uses the ransomware strain known as Reveton.  The apparent arrest of this alleged cybercriminal of Russian origin occurred in Dubai, United Arab Emirates. Spanish police are working to extradite the suspect to Spain.

In addition, there were arrests of members of the same gang focused on obtaining funds abusing PaySafeCard / UKash vouchers. The Reveton gang apparently had a branch in Spain that exchanged these vouchers and converted them into actual money, which would then be transferred to the leaders of the gang in Russia. According to police this activity has netted the gang over one million Euros per year.  Additionally, the Reveton ransomware is still in circulation and being used by others.  As there is still an ongoing investigation, only certain information is available at this time.

These arrests are a tremendous result from the ongoing work and collaboration between the Spanish police and Trend Micro's eCrimes unit which works extensively and collaboratively with law enforcement authorities across the globe.

Supporting assets:
Reveton Ransomware Details
http://about-threats.trendmicro.com/Malware.aspx?language=au&name=TROJ_RANSOM.BNW

About Trend Micro
Trend Micro Incorporated (TYO: 4704; TSE: 4704), the global cloud security leader, creates a world safe for exchanging digital information with its Internet content security and threat management solutions for businesses and consumers.  A pioneer in server security with over 20 years' experience, we deliver top-ranked client, server and cloud-based security that fits our customers' and partners' needs, stops new threats faster, and protects data in physical, virtualized and cloud environments. Powered by the industry-leading Trend Micro™ Smart Protection Network™ global threat intelligence data mining framework, our products and services stop threats where they emerge – from the Internet. They are supported by 1,000+ threat intelligence experts around the globe. 

Additional information about Trend Micro Incorporated and the products and services are available at Trend Micro.com. This Trend Micro news release and other announcements are available at http://newsroom.trendmicro.com/  and as part of an RSS feed at www.trendmicro.com/rss.   Or follow our news on Twitter at @TrendMicro.

SOURCE Trend Micro

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