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Taiwan Police has swooped down on a ring of cyber-thiefs who had been targeting government and corporate data stores.
24 Romanians believed to be part of an organised cybercrime ring were arrested during the past week. Inspector le Knackeur swoops Thirty-eight people, including a host of U.S. residents and foreign nationals, have been charged in connection to two international phishing operations that preyed on unsuspecting bank customers, investigators announced Monday. A 36-year-old Sydney man has been arrested by Australian Federal Police for his alleged involvement in an international music piracy ring. US Federal authorities have busted the criminal ring responsible for the largest hacking and identity theft case in history. Thirty-eight people living in New York have been charged with leveraging stolen consumer data to create bogus credit cards that were then used to purchase high-priced goods, such as computers and televisions, authorities said. Four Australians arrested and a further two people are facing court after an international operation. A multimillion-dollar state-wide credit card scam has been uncovered in the US, six arrested and four warrants have been issued. An Arizona man who obtained stolen credit card numbers from overseas hackers and then used the data to withdraw money from cash machines has been sentenced to 84 months in prison. Companies need to step up their ability to guess where cybercriminals will strike next. The United States is seeking the extradition of hacker Ehud Tenenbaum. A 27-year-old British man has been jailed indefinitely for acting as an online librarian for a child pornography win.
A New York court has sentenced a persistent spammer to 30 months in prison. Researchers at an Eastern European security company have uncovered a spam-sending scheme of "Byzantine complexity" that attempts to use military and university email servers to send junk email.
The cybercriminal's stable diet of trojans and botnets is taking a back seat in the multi-million dollar cybercrime industry as blackmail, extortion, terrorism and even murder become prominent in the organised crime syndicates of the digital age. Two Republican congressmen from Illinois have proposed legislation that would update the Social Security card for the age of cybercrime. Microsoft claims that a small group led by a recently jailed Taiwanese man was the source of almost all high quality pirated copies of its software up until his arrest in 2004. A Romanian-based criminal group is behind a new trojan-laced, socially engineered email run that tries to trick recipients into believing their employer committed payroll reporting fraud, security researchers said. Microsoft warned users on Monday of attacks targeting a flaw in Macrovision's digital rights management software.