Eight Indicted In International Hacking Ring

The U.S. indicted 8 individuals from Russia, Estonia, and Moldova in connection to a flash attack of computer hacking which stole over $9 million in under 12 hours in November of 2008. The hackers broke into account information stored by the Royal Bank of Scotland Group in Atlanta. Then, using a ring of “cashers” armed with 44 counterfeit debit cards, the hackers extracted money from over 2,000 ATM’s in approximately 280 cities worldwide. The investigation is ongoing and hopes to return the over $9 million  in stolen funds from the defendants. An FBI agent on the case said that the indictments sent “a clear message to cyber criminals across the globe: Justice will not stop at international borders.” Read more at NYTimes

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  1. U.S. Hacker Sentenced to 20 Years - National Security Law Brief - [...] and identity theft has increase over the last 12 months.  For a similar story from late 2009 click here. ...

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