Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Romanian prosecutors, police at US demand dismantled part...

Romanian prosecutors, police at US demand dismantled part of Qakbot malware infrastructure

September 28, 2023

The Directorate for the Investigation of Organized Crime and Terrorism prosecutors and the police have dismantled, at the request of the US authorities, part of the infrastructure of the Qakbot malware computer program, informs DIICOT in a statement sent on Wednesday.On Saturday, the DIICOT prosecutors, together with the Romanian Police, executed a request for international legal assistance, issued by the US authorities, which aimed to dismantle part of the infrastructure of the Qakbot malware computer program (Qbot).Active since 2007, this prolific malware (also known as QBot or Pinkslipbot) has evolved, using various techniques to infect users and compromise computer systems, the source said, adding that the Qakbot malware was infiltrating victims' computers through spam e-mails, which contained malicious attachments or hyperlinks, and once installed on the targeted computer, the malware aimed to infect it with computer programmes such as Cobalt Strike or other types of ransomware.In addition, investigators say, the infected computer became part of a botnet (a network of compromised computers) simultaneously controlled by cybercriminals, usually without the victims' knowledge.Prosecutors state that Qakbot's main objective was to steal financial data and login credentials from web browsers.Well-known ransomware families such as Conti, ProLock, Egregor, REvil, MegaCortex and Black Basta allegedly used Qakbot to carry out a large number of ransomware attacks on critical infrastructures or on several commercial companies, the investigators say.The administrators of the bot network offered these ransomware groups access to the infected networks, for a fee, this method being also known as maas (malware as a service), prosecutors add."The investigations carried out showed that, between October 2021 and April 2023, the administrators would have received almost 54 million euros from the ransoms that were paid by the victims. The analysis of the confiscated infrastructure showed that the malware would have infected more than 700,000 of computers around the world, and the authorities have detected servers infected with Qakbot in almost 30 countries in Europe, South and North America, Asia and Africa, enabling the malware's activity on a global scale," DIICOT says.  

Read in full - click here
Romanian FMCG distributor Aquila posts higher revenues but lower profit in Q1 2024

AQUILA (BVB: AQ), the market leader in the field of integrated distribution and logistics services for consumer goods in Romania and the Republic of Moldova, reported an 11% increase in revenues in the first quarter of 2024 compared to the same period last year, to RON 624 million (EUR 125 mln). However, the company’s net […]

Two former managers from Cluj residents have left the corporation and are setting up a business that will offer new perspectives to the medical field in Romania

Emil Sâncrăian and Bogdan Haș, two former managers in top companies in the pharma and medical device industry, have started a business that will bring new perspectives to the medical industry in Romania. The two entrepreneurs have set up Global Med Care, a project that promises to redefine standards in the Romanian medical field. Focusing […]

Romanian government cracks down on retailers that cut product quantities without modifying prices

Romanian prime minister Marcel Ciolacu stated during Thursday's government meeting that "some retailers have reduced product quantities but kept prices equally high.” He asked state authorities and regulators to conduct checks into the matter. The executive will also implement regulations following the French model, with visible indications of quantity reductions and modifications in terms of […]

Report: Romania’s mortgage market up 29% in Q1 2024

New mortgage loans worth approximately EUR 1.1 billion were granted in the first three months of 2024, up about 29% compared to the level of Q1 2023, according to a market report released by financial consultant SVN Romania | Credit & Financial Solutions. Refinancings, conversions, transfers, and restructurings were excluded from this volume. In total, […]

EBRD and Bucharest Stock Exchange to align Romanian market’s corporate governance code to global standards

The European Bank for Reconstruction and Development (EBRD) and the Bucharest Stock Exchange (BVB) will work together to review the Romanian market’s corporate governance code, aligning it with recent regulatory changes and updated global standards. The initiative is designed to help listed companies improve their governance and reporting quality. The reviewed Code will be aligning […]

Netflix’s Wednesday: Romanian actor returns as Thing in season 2 as production moves to Ireland

Thing, the beloved character on Netflix’s hit show Wednesday, will be played by Romanian actor Victor Dorobanțu in season 2 as well. The first season of the show was shot in Romania, but production for the second season moved to Ireland. Thing was chosen by the production team to be the "influencer" sharing all the […]