US and European police said on Thursday they have smashed a huge international cybercrime network that used Russian malware to steal $100 million from tens of thousands of victims worldwide.

Prosecutions have been launched in Georgia, Moldova, Ukraine and the United States over the scam, while five Russians charged in the US remain on the run, the EU police agency Europol said.

The “organised crime network behind $100m in malware attacks” targeted “more than 41,000 victims, primarily businesses and their financial institutions”, Europol said.

Police in Germany and Bulgaria were also involved.

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