Feds Charge Eight in $45 Million Cyber Crime Scheme

NEWSMAX: ” …In the place of guns and masks, this cyber crime organization used laptops and the Internet,” U.S. Attorney for the Eastern District of New York Loretta Lynch said at a news conference. “Moving as swiftly as data over the Internet, the organization worked its way from the computer systems of international corporations to the streets of New York City.”

The case demonstrates the major threat that cyber crime poses to banks around the world. Prosecutors said the international crime ring used an attack known as “Unlimited Operations” in the cyber underworld.

According to the complaint, they used sophisticated hacking techniques to break into the computers of two credit card processors, one in India in December 2012 and the other in the United States this February. The complaint did not identify the companies… (more)

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