A Russian hacking group literally called 'Evil Corp' stole $100 million from banks

Great name TBH.
 By 
Rachel Kraus
 on 
A Russian hacking group literally called 'Evil Corp' stole $100 million from banks
Dr. EVIL? Credit: Getty Images

Sometimes life imitates cheesy, pulpy Cold War-era art. And when it does, it's truly amazing.

The U.S. Department of the Treasury has sanctioned and indicted members of a Russian cybercrime organization responsible for stealing $100 million from account holders at U.S. and international banks, it announced in a press release Thursday.

The group is called — wait for it — Evil Corp.


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Evil Corp (omg!) developed malware called Dridex that allows it to scrape banking login credentials from devices infected by successful phishing schemes. It then uses the login credentials to steal cash, transfer it to "money mules" (individual bank accounts), that then transfer it to Evil Corp accounts. Step 1: Create Evil Corporation. Step 2: Profit!

Original image replaced with Mashable logo
Original image has been replaced. Credit: Mashable

The action involves "designating" Evil Corp as an official cybercrime organization; this is basically the U.S. government saying "we see you, and we are NOT pleased." It has also indicted two Russian individuals on the Evil Corp leadership team and has a $5 million reward out for Evil Corp's (still not over it) leader, a guy named Maksim Yakubets.

The feds are especially interested in Yakubets because the sanction now officially ties him not just to Evil Corp, but to the Russian government. He was working for the Russian intelligence service, the FSB, in 2017, and has since been tasked with doing projects for them.

The FSB has also been designated as an up-to-no-good cybercrime organization — that just happens to be run by the state. Thank you, Russia, for always living up to your James Bondian villain image in spectacular fashion.

Topics Cybersecurity

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Rachel Kraus

Rachel Kraus is a Mashable Tech Reporter specializing in health and wellness. She is an LA native, NYU j-school graduate, and writes cultural commentary across the internetz.

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