Romania smashes international cybercrime ring

Dec 14, 2010
A policeman patrols in front of the Parliament Palace in Bucharest in 2008. Romanian authorities said Tuesday they dismantled a cybercrime network blamed for causing more than 11 million euros (13.5 million dollars) in losses to firms in the United States, Britain, South Africa, Italy and Romania.

Romanian authorities said Tuesday they dismantled a cybercrime network blamed for causing more than 11 million euros (13.5 million dollars) in losses to firms in the United States, Britain, South Africa, Italy and Romania.

About 50 people were part of the criminal ring headed by two Romanians, said the prosecutor's office specializing in combating organized crime in a statement.

Police arrested 42 people and tookthem into custody Tuesday while several computers and hard disks were seized, the statement said.

Ring members were accused of stealing confidential Voice over IP data by cracking servers on the Internet. They would then use the data to make thousands of calls towards surcharged numbers abroad which allowed them to get bonuses for every call, it added.

The crackdown coincided with an international forum on cybercrime which runs until Wednesday in Bucharest.

Several law enforcement experts Tuesday highlighted the steep increase in in recent years.

"We need international cooperation between states but also between the and the private sector", Catalin Dragota, head of the police unit combating organized crime, told the forum.

Explore further: Startups offer banking for smartphone users

add to favorites email to friend print save as pdf

Related Stories

Recommended for you

Startups offer banking for smartphone users

11 hours ago

The latest banks are small enough to fit in the palm of your hand. Startups, such as Moven and Simple, offer banking that's designed specifically for smartphones, enabling users to track their spending on the go. Some things ...

'SwaziLeaks' looks to shake up jet-setting monarchy

Aug 29, 2014

As WikiLeaks founder Julian Assange prepares to end a two-year forced stay at Ecuador's London embassy, he may take comfort in knowing he inspired resistance to secrecy in places as far away as Swaziland.

Ecuador heralds digital currency plans (Update)

Aug 29, 2014

Ecuador is planning to create what it calls the world's first digital currency issued by a central bank, which some analysts believe could be a first step toward abandoning the country's existing currency, ...

WEF unveils 'crowdsourcing' push on how to run the Web

Aug 28, 2014

The World Economic Forum unveiled a project on Thursday aimed at connecting governments, businesses, academia, technicians and civil society worldwide to brainstorm the best ways to govern the Internet.

User comments : 0