16 arrested for $25M worth credit card theft, fraud
Posted on 28 November 2012.
Sixteen individuals allegedly involved in a credit card information theft ring have been arrested in Romania during a series of raids, the Romanian Directorate for Investigating Organized Crime and Terrorism (DIICOT) reported (via Google Translate) on Tuesday.

The arrested individuals have allegedly opened several IT services companies in Romania to set up and maintain the infrastructure that allowed them to break into computer systems belonging to a number of well-known foreign companies operating gas stations and grocery stores.

Having gained unauthorized access to these systems, they infected them with malware capable of intercepting credit card transaction data.

This data was either store locally on the compromised computers and retrieved later, or sent to remote servers belonging to the crooks.

According to DIICOT, the group used the stolen information to make fraudulent transactions that reached the amount of $25 million, but have also been known to sell huge batches of credit cards on online black markets.

Between December 2011 and October 2012 they managed to sell in this way 68,000 credit cards at $4 each, earning themselves $270,000 in one fell swoop.

Some additional 20 individuals are to be questioned, so the number of people arrested following this investigation might still increase.


Bash Shellshock bug: More attacks, more patches

Posted on 29 September 2014.  |  As vendors scramble to issue patches for the GNU Bash Shellshock bug and companies rush to implement them, attackers around the world are probing systems for the hole it opens.

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