Russian Raid Cracks Down on Financial Hacking Operation

Russian authorities in November raided offices associated with a Moscow film distribution and production company as part of a crackdown on one of the world’s most notorious financial hacking operations, according to three sources with knowledge of the matter. Cybersecurity experts said a password-stealing software program known as Dyre -- believed to be responsible for at least tens of millions of dollars in losses at financial institutions including Bank of America Corp. and JPMorgan Chase & Co. -- has not been deployed since the time of the raid.