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US disrupts schemes that stole millions

posted onJune 3, 2014
by l33tdawg

A band of hackers implanted viruses on hundreds of thousands of computers around the world, secretly seized customer bank information and stole more than US$100 million from businesses and consumers, the Justice Department said Monday in announcing charges against the Russian man accused of masterminding the effort.

In unveiling the criminal case, federal authorities said they disrupted European-based cyber threats that were sophisticated, lucrative and global.

In one scheme, the criminals infected computers with malicious software that captured bank account numbers and passwords, then used that information to secretly divert millions of dollars from victims' bank accounts to themselves. In another, they locked hacking victims out of their own computers, secretly encrypted personal files on the machines and returned control to the users only when ransom payments of several hundred dollars were made.

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