Europol announced today that Spanish police has arrested a man suspect of being the mastermind behind the Carbanak hacking group, known for some of the biggest bank cyber-heists in recent years.
Europol said the Carbanak gang —also known as Cobalt— had carried out over 100 hacks across 40 different countries, stealing over €1 billion ($1.24 billion), with a hack average of €10 million ($12.4 million) per heist.
Source: Leader of Carbanak (Cobalt) Hacker Group Who Stole Over €1BIL Arrested in Spain
