Recent FBI analysis reveals that cyber criminals engaging in ACH/wire transfer fraud have targeted businesses by responding via email to job postings online.
The bureau said more than $150,000 was recently stolen from a U.S. business via unauthorized wire transfer as a result of an email the company received that contained malware. The malware was embedded in an email response to a job posting the business placed on an…
Russian authorities have arrested a Ukrainian man accused of running a criminal operation that used fraudulent credit cards and passports to siphon large amounts of cash out of banks around the world, The Register reports.
The arrest of the unnamed suspect came as the Russian Interior Ministry stopped the actions of the international criminal group the Ukrainian allegedly led. The gang, which had at least 50 members, pilfered more than…
A group of cyber criminals are placing banks in Russia and the Ukraine under siege with a next-generation exploitation kit that hacks the authentication system and uses a denial of service attack.
The attacks use a revised version of BlackEnergy, which was commonly used in distributed denial of service (DDoS) attacks. The criminals are using the new and improved version to transfer funds from electronic bank accounts and then attack…
A Ukrainian national who is accused of hacking into nine U.S. retailers and stealing millions of credit card numbers was arrested in India, according to IDG News.
Sergey Valeryevich Storchark was arrested in New Dehli this week when he exited an airplane that had stopped over in India on the way to Turkey. U.S. authorities have been attempting to extradite him. Storchark is part of the group led by Albert…