Photographer: Simon Dawson/Bloomberg

Russian Hackers Moved Ruble Rate With Malware, Group-IB Says

Updated on
  • Hackers moved ruble-dollar rate more than 15% in 14 minutes
  • Corkow Trojan malware behind more than $500 million in trades

Hackers used malware to penetrate the defenses of a Russian regional bank and move the ruble-dollar rate more than 15 percent in minutes, according to a Moscow-based cyber-security firm hired to investigate the attack.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.