Tag Archives: hacking

Largest cyber crime ring busted

U.S. Says Global Effort Has Hobbled a Cybercrime Ring

In a secret 72-hour blitz over the weekend, the FBI, several foreign governments and a host of security firms dismantled what officials say is the most sophisticated operation ever to commandeer private computers and siphon tens of millions of dollars from American bank accounts.

The operation’s alleged Russian ringleader has been indicted on charges of hacking, conspiracy and bank fraud, Justice Department officials said Monday.

Read about the whole sordid affair here.