FBI, European Authorities Go After GameOver Zeus Botnet

UPDATE–Law enforcement agencies in Europe and the United States, including Europol and the FBI, ran a coordinated takedown of the GameOver Zeus botnet on Friday, seizing servers and disrupting the botnet’s operation. Authorities say that the same botnet has been used to distribute the CryptoLocke...

SpyEye creator pleads guilty in U.S Federal Court

Aleksandr Andreevich Panin, one of the alleged masterminds behind the notorious SpyEye banking trojan, pleaded guilty in an Atlanta courtroom yesterday to conspiracy charges relating to the development and distribution of the the malware. Panin pleaded guilty to conspiring to commit wire and bank...

Russian Hackers charged for stealing 160 million Credit Cards

A Group of Hackers, Four Russians and a Ukrainian allegedly broke computer networks of more than a dozen major American and international corporations and stole 160 million credit card numbers over the course of seven years, the largest data theft case ever prosecuted in the U.S. They are accused...

Russian Hackers charged for stealing 160 million Credit Cards

A Group of Hackers, Four Russians and a Ukrainian allegedly broke computer networks of more than a dozen major American and international corporations and stole 160 million credit card numbers over the course of seven years, the largest data theft case ever prosecuted in the U.S. They are accused...

College Student Gets Year in Prison for Wire Fraud in Tampering With Student Election

A former Cal State San Marcos student was sentenced to a year in prison this week for wire fraud and other charges related to election tampering by using keystroke loggers to grab student credentials and then vote for himself. Matthew Weaver, 22, of Huntington Beach, Calif., stole almost 750...

Three Charged with Creating, Distributing Gozi Banking Malware

Charges will be brought today in the U.S. District Court for the Southern District of New York against three men allegedly involved with creating and distributing the Gozi banking Trojan. Gozi infected more than a million computers worldwide, including a handful at NASA, leading to tens of millio...

Operation High Roller Now Targets Europe's SEPA Network and Large US Bank

The criminals behind Operation High Roller, a complex wire-fraud scheme that has scammed high-end banking customers out of millions, have added a new dimension of automation to their attacks and expanded their efforts beyond Europe and have targeted a major U.S. bank. Researchers at McAfee provid...

Alleged Russian Cybercriminal Extradited to U.S.

Vladimir Zdorovenin, an alleged prolific Russian cybercriminal, has arrived in New York City following his arrest and subsequent extradition by Swiss authorities. The FBI had been working to find and extradite Zdorovenin for several years. Originally indicted under seal in May 2007, the 54-year-o...

Romanian Men Indicting For Hacking 150 Subway Restaurants

Four Romanian nationals were charged with hacking into the credit card processing systems of some 150 Subway sandwich shops and those of 50 other unnamed retailers, according to a copy of the indictment PDF. The four men and two co-conspirators, identified by their online pseudonyms,...

Suspect in "Hackerazzi" Case Says He Will Plead Guilty

A 35 year-old Florida man is facing a lengthy prison term after being arrested in connection with high profile hacks of the Web-based email accounts of more than 50 celebrities, including Hollywood ingenue Scarlett Johansson. According to a copy of the indictment PDF, Christopher Chaney of...

Harvard researcher arrested on hacking charges

Harvard researcher arrested on hacking charges A Harvard researcher Aaron Swartz has been arrested in Boston for broke into the computer networks at the Massachusetts Institute of Technology to gain access to JSTOR, a non-profit online service for distributing scholarly articles, and downloaded 4...

Harvard researcher arrested on hacking charges

Harvard researcher arrested on hacking charges A Harvard researcher Aaron Swartz has been arrested in Boston for broke into the computer networks at the Massachusetts Institute of Technology to gain access to JSTOR, a non-profit online service for distributing scholarly articles, and downloaded 4...

Indictment Names Reddit Luminary In Theft of Data from MIT

A 24 year-old entrepreneur and star programmer has been indicted by the federal authorities in Boston following and accused of hacking into the network of the Massachusetts Institute of Technology and making off with millions of pages of copyrighted documents. Aaron Swartz, who is best known as a...

Student Charged With Posting Counterfeit Coupons to 4Chan

A student at New York’s Rochester Institute of Technology RIT has been arrested for producing hundreds of thousands of dollars worth of fake coupons and posting them to 4chan and other websites. Lucas Henderson, a 22-year old computer security student from Lubbock, Texas was charged with wire fra...

FBI Warns of Massive Wire Fraud Scams

The FBI is warning businesses about an ongoing spate of attacks that are stealing millions of dollars from companies through unauthorized bank transfers to Chinese companies. The fraudulent wire transfers are not a new tactic, but the FBI says the current round of attacks is notable in that...

FBI busts $465,000 credit card scam !

Federal investigators arrested and indicted a former Bridgeport resident who they say orchestrated a scam in which foreign nationals applied for and received credit cards on which they charged up to $465,000 worth of goods before leaving the country with the banks holding the tab. A federal grand...

Texas Man admits hacking into e-commerce servers of NASA !

A Texas man has admitted hacking into servers owned by an e-commerce company and making off with about $275,000. Jeremey Parker of Houston also copped to charges of breaking into servers maintained by NASA's Goddard Space Flight Center in Maryland and causing some $43,000 of damage. The hacking...

Multi-Million Dollar Cyber Fraud Investigation Surrounds Exchange Students

Two international students from Vietnam are under investigation by the Department of Homeland Security on charges of identity theft and wire fraud. The two Winona State University students, Tram Vo and Khoi Van, are alleged to have taken part in a criminal ring that defrauded ecommerce merchants...

Survey Finds Banks Struggling As Fraud Grows

A survey conducted by Information Security Media found that new fraud methods, including phishing and Internet enabled account takeovers are an increasing problem for banks, but that many organizations are ill equipped to combat the new threats. Online bank fraud is a growing problem in the U.S...

Jose Ignacio Lopez (GM)

Lopez was the head of General Motors’ Global Purchasing division when he defected for GM competitor VW to head that company’s purchasing operation in 1993. According to a lawsuit filed by GM, Lopez and other company executives brought with them more than two million pages of top-secret GM...