4 People Charged with Hacking in US Added: Friday, November 13th, 2015
Category: Recent Headlines Involving File Sharing > Ridiculous Criminal Trials
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, www.extratorrent.cc, 2015
The American authorities have charged 4 individuals with being involved in the theft of customer details from a US financial institution. Their crimes affected 100 million people and targeted Fidelity Investments, JP Morgan Chase and Dow Jones. In the meantime, the first company has said that no customer information or related systems were hacked. 12 victims around the world are identified by pseudonym in the indictment.
According to the US attorney, the three of them were responsible for one of the largest hacking schemes ever. Their leader allegedly called his stock-inflation scheme “a small step towards a large empire” and ran a so-called “sprawling cybercriminal enterprise”. This is how he described the plot: the group bought stocks very cheap, performed machinations, then played with them. Quite a vague explanation, though.
According to reports, the group sold counterfeit pharmaceuticals and malware and managed to bypass checks on illicit debit and credit card transactions in order to shield their customers from the law. This was done by disguising criminals giving and receiving payments as usual products.
Apparently, the group hacked servers in a number of countries, including Egypt, the Czech Republic, South Africa and Brazil, sometimes exploiting the well-known Heartbleed bug. They also had a person installing malware on the servers to enable the group access the victim companies’ networks and steal data as they wanted it. After receiving personal information from those networks, the hackers started contacting people that could be fooled into investing in stocks the organization would artificially inflate. The hackers also managed to convince some private companies to go public and engage them in “reverse mergers” with internationally traded shell corporations under their own control. After inflating the price, the group would cash out when the price was high enough. The US authorities claimed that the group earned millions of dollars this way.
Besides, the four are accused of marketing their illegal online casinos with the same multi million-account email spam lists, arranging attacks against fellow online casinos to steal customer data, and even crippling competitors with DDoS attacks. The police also claimed that their hack was connected to the shutdown of Bitcoin exchange Coin.mx.
Friday, November 13th, 2015
|They will NEVER get 12 different people from various social & economical backgrounds to even understand half of the charges.....let alone convict. lol||
Most Popular Stories