Police carried out raids in Kharkiv yesterday as part of a multi-national effort to break up ‘Emotet,’ a malware network believed to have caused $2.5 billion in damages to banks and companies since 2014,

Police carried out raids in Kharkiv yesterday as part of a multi-national effort to break up ‘Emotet,’ a malware network believed to have caused $2.5 billion in damages to banks and companies since 2014, reports Ukraine’s Attorney General Office. Authorities released photos of bank cards, cash and a room festooned with tangled computer equipment, but did not say if arrests were made in Ukraine. Simultaneous raids in the US, Canada, Ukraine and five EU countries cracked down on Emotet, which cyber criminals used to gain access to a victim’s computer and then to download trojans to steal banking passwords, reports Reuters. “Emotet is currently seen as the most dangerous malware globally,” Germany’s BKA federal police agency stated. “The smashing of the Emotet infrastructure is a significant blow against international organized Internet crime.”