Security News > 2021 > June > Two Carbanak Gang Members Sentenced to 8 Years in Prison
Two members of the notorious Carbanak cybergang were sentenced to 8 years in prison, Kazakhstani authorities announced this week.
While they did not reveal the names of the sentenced individuals, the Kazakh authorities did say that they were accused of stealing roughly $4.7 million from two banks in the country between 2016 and 2017, as well as of attempting to steal $18.5 million more.
Tracked as Carbanak, Anunak and Cobalt, the gang evolved its malware and moved to more sophisticated attacks around 2016, employing a custom version of the Cobalt Strike pen testing tool.
The hackers also transferred funds to bank accounts they controlled, and even modified account balances so they could withdraw large amounts of cash.
More than100 financial organizations in 40 countries were targeted, with total losses estimated to exceed €1 billion.
Other members of the gang were reportedly Russian and Ukrainian nationals.