Friday, July 26, 2013

US Charges 4 Russians, 1 Ukrainian in Massive Hacking Scheme

US authorities on Thursday charged four Russian nationals and a Ukrainian man in connection with the theft of more than 100 million credit card numbers breaching the computer networks of major US and international corporations in what is being called the largest hacking scheme ever to be prosecuted in the United States. “The losses in this case are staggering,” Paul Fishman, the US attorney for the district of New Jersey, told a news conference Thursday, The New York Times reported. “This type of crime is really the cutting edge of financial fraud.” The five men stand accused of conspiring in a worldwide scheme that targeted major corporate networks, stole more than 160 million credit card numbers and resulted in hundreds of millions of dollars in losses, Fishman’s office said in a statement Thursday.

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