Attacks/Breaches
10/7/2009
04:47 PM
Connect Directly
Google+
LinkedIn
Twitter
RSS
E-Mail
50%
50%

100 Phishers Charged In Largest Cybercrime Case

A two-year international phishing investigation involving the FBI and authorities in Egypt has led to charges against 53 people in the U.S. and 47 overseas.

The FBI on Wednesday announced that it had charged 53 defendants, the largest number ever charged in a cybercrime case, following a multinational investigation into a phishing scheme that operated in the United States and Egypt.

Thirty-three of the 53 defendants named in the indictment have been arrested, the FBI said, and several others are being sought. The investigation, dubbed "Operation Phish Phry," began in 2007.

Authorities in Egypt have charged 47 defendants linked to the phishing operation.

Phishing is a form of social engineering that attempts to convince Internet users, via e-mail or other means, to provide online credentials via e-mail, Web submission form, or some other method under false pretenses. Often, phishers create fraudulent Web sites that have been designed to look like legitimate Web sites as a way to encourage site visitors to supply sensitive information, such as online banking login details.

Earlier this week, Microsoft warned that "several thousand Windows Live Hotmail customers' credentials were exposed on a third-party site due to a likely phishing scheme." The online attack also appears to have affected users of other online e-mail services, including Google Gmail, and Yahoo Mail.

According to the FBI, the U.S.-Egypt phishing operation collected personal information from thousands of victims and used that information to defraud U.S. banks. Hackers based in Egypt allegedly captured banking information and other personal details, then supplied that information to associates in the U.S. who then withdrew funds using the stolen credentials and wired back a portion of the proceeds to Egypt.

"The sophistication with which Phish Phry defendants operated represents an evolving and troubling paradigm in the way identity theft is now committed," said Keith Bolcar, acting assistant director of the FBI in Los Angeles, in a statement. "Criminally savvy groups recruit here and abroad to pool tactics and skills necessary to commit organized theft facilitated by the computer, including hacking, fraud and identity theft, with a common greed and shared willingness to victimize Americans."

All 53 defendants in the U.S. face charges of conspiracy to commit bank fraud and wire fraud, which carry a maximum sentence of 20 years in prison. Some of the defendants also face additional charges that could lead to longer terms.


Register for Interop New York and see the full range of IT solutions to position your organization for growth. At the Jacob Javits Center, Nov. 16-20, 2009. Find out more and register.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
Five Emerging Security Threats - And What You Can Learn From Them
At Black Hat USA, researchers unveiled some nasty vulnerabilities. Is your organization ready?
Flash Poll
Slideshows
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2013-7445
Published: 2015-10-15
The Direct Rendering Manager (DRM) subsystem in the Linux kernel through 4.x mishandles requests for Graphics Execution Manager (GEM) objects, which allows context-dependent attackers to cause a denial of service (memory consumption) via an application that processes graphics data, as demonstrated b...

CVE-2015-4948
Published: 2015-10-15
netstat in IBM AIX 5.3, 6.1, and 7.1 and VIOS 2.2.x, when a fibre channel adapter is used, allows local users to gain privileges via unspecified vectors.

CVE-2015-5660
Published: 2015-10-15
Cross-site request forgery (CSRF) vulnerability in eXtplorer before 2.1.8 allows remote attackers to hijack the authentication of arbitrary users for requests that execute PHP code.

CVE-2015-6003
Published: 2015-10-15
Directory traversal vulnerability in QNAP QTS before 4.1.4 build 0910 and 4.2.x before 4.2.0 RC2 build 0910, when AFP is enabled, allows remote attackers to read or write to arbitrary files by leveraging access to an OS X (1) user or (2) guest account.

CVE-2015-6333
Published: 2015-10-15
Cisco Application Policy Infrastructure Controller (APIC) 1.1j allows local users to gain privileges via vectors involving addition of an SSH key, aka Bug ID CSCuw46076.

Dark Reading Radio
Archived Dark Reading Radio
Cybercrime has become a well-organized business, complete with job specialization, funding, and online customer service. Dark Reading editors speak to cybercrime experts on the evolution of the cybercrime economy and the nature of today's attackers.