Attacks/Breaches

6/28/2017
04:14 PM
50%
50%

$71 Million Restitution Owed for Hacking, Fraud Scheme

Convicted money launderer Muhammad Sohail Qasmani is sentenced to 4 years in prison, and will share the hefty payout with other co-conspirators convicted in the conspiracy.

Pakistani citizen Muhammad Sohail Qasmani has been sentenced to 48 months in prison for laundering $19.6 million on behalf of other actors in an international computer hacking and telecommunications fraud scheme, the DoJ reports. He previously pleaded guilty to one count of conspiracy to commit wire fraud.

The massive fraud scheme, which led to losses exceeding $70 million, was allegedly led by Noor Aziz of Karachi, Pakistan, a FBI Cyber Most Wanted suspect who remains at-large. The scheme involved unauthorized access to PBX systems that ran through the internal phone networks of several organizations across the United States.

Hackers targeted victims' phone systems, which were illegally reprogrammed to make calls to long-distance locations and premium numbers to generate revenue. Qasmani laundered proceeds for Aziz and set up bank accounts to receive funds generated by fraudulent calls.

In addition to his prison sentence, Qasmani must pay a $25,000 fine and share restitution of $71,761,956.34 -- the total amount lost in the scheme.

All players convicted in the conspiracy are jointly responsible for the full amount, the DoJ explains. The balance will remain open until paid, whether it's by one member or several.

Read more details here.

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
RyanSepe
50%
50%
RyanSepe,
User Rank: Ninja
6/29/2017 | 9:32:14 AM
Aziz
Where they able to apprehend Aziz or is this individual still at large?
WebAuthn, FIDO2 Infuse Browsers, Platforms with Strong Authentication
John Fontana, Standards & Identity Analyst, Yubico,  9/19/2018
Turn the NIST Cybersecurity Framework into Reality: 5 Steps
Mukul Kumar & Anupam Sahai, CISO & VP of Cyber Practice and VP Product Management, Cavirin Systems,  9/20/2018
NSS Labs Files Antitrust Suit Against Symantec, CrowdStrike, ESET, AMTSO
Kelly Jackson Higgins, Executive Editor at Dark Reading,  9/19/2018
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
Flash Poll
The Risk Management Struggle
The Risk Management Struggle
The majority of organizations are struggling to implement a risk-based approach to security even though risk reduction has become the primary metric for measuring the effectiveness of enterprise security strategies. Read the report and get more details today!
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2018-17538
PUBLISHED: 2018-09-26
Axon (formerly TASER International) Evidence Sync 3.15.89 is vulnerable to process injection.
CVE-2018-11763
PUBLISHED: 2018-09-25
In Apache HTTP Server 2.4.17 to 2.4.34, by sending continuous, large SETTINGS frames a client can occupy a connection, server thread and CPU time without any connection timeout coming to effect. This affects only HTTP/2 connections. A possible mitigation is to not enable the h2 protocol.
CVE-2018-14634
PUBLISHED: 2018-09-25
An integer overflow flaw was found in the Linux kernel's create_elf_tables() function. An unprivileged local user with access to SUID (or otherwise privileged) binary could use this flaw to escalate their privileges on the system. Kernel versions 2.6.x, 3.10.x and 4.14.x are believed to be vulnerabl...
CVE-2018-1664
PUBLISHED: 2018-09-25
IBM DataPower Gateway 7.1.0.0 - 7.1.0.23, 7.2.0.0 - 7.2.0.21, 7.5.0.0 - 7.5.0.16, 7.5.1.0 - 7.5.1.15, 7.5.2.0 - 7.5.2.15, and 7.6.0.0 - 7.6.0.8 as well as IBM DataPower Gateway CD 7.7.0.0 - 7.7.1.2 echoing of AMP management interface authorization headers exposes login credentials in browser cache. ...
CVE-2018-1669
PUBLISHED: 2018-09-25
IBM DataPower Gateway 7.1.0.0 - 7.1.0.23, 7.2.0.0 - 7.2.0.21, 7.5.0.0 - 7.5.0.16, 7.5.1.0 - 7.5.1.15, 7.5.2.0 - 7.5.2.15, and 7.6.0.0 - 7.6.0.8 as well as IBM DataPower Gateway CD 7.7.0.0 - 7.7.1.2 are vulnerable to a XML External Entity Injection (XXE) attack when processing XML data. A remote atta...