US helps Ukraine crack bank hacking scheme

Aug 22, 2011

US agents have helped Ukrainian authorities uncover a group of computer hackers who used forged banking details to steal some $20 million from private US accounts, officials said Monday.

Four people have been detained, the former Soviet republic's (SBU) said, added that the group also made unauthorised transfers from Ukrainian and other countries' private bank accounts.

"Members of the group have created an extensive, well-hidden network throughout Ukraine, which was composed of more than 20 people from Ukraine and foreigners," the SBU press service said.

Officials did not say how much the group is alleged to have stolen in total, or what charges those arrested face.

According to the preliminary US law-enforcement agency data, US may have lost over 20 millions dollars because of the hackers.

Explore further: Social media sackings risk stifling journalistic expression

Related Stories

Dozens charged in NY in global computer virus scam

Sep 30, 2010

(AP) -- Hackers in eastern Europe who used computer viruses to steal usernames and passwords teamed up with foreign students who opened bank accounts in the U.S. to snatch at least $3 million from American bank accounts, ...

Man charged in record ID theft case in plea talks

Aug 27, 2009

(AP) -- An accused computer hacker charged with stealing millions of credit and debit card numbers has been negotiating a plea deal with the federal government, people close to the case said Thursday.

Prosecutors say man stole 130M credit card numbers

Aug 17, 2009

(AP) -- Federal prosecutors on Monday charged a Miami man with the largest case of credit and debit card data theft ever in the United States, accusing the one-time government informant of swiping 130 million accounts on ...

'Anonymous' hackers access Austrian bank data

Jul 25, 2011

The Austrian branch of the hacker group Anonymous accessed the bank data of 96,000 people in an attack on the website of the country's GIS television licence agency, officials said on Monday.

Recommended for you

ICANN chief stepping down in early 2016

May 21, 2015

The head of the group that oversees all Internet addresses will step down early next year, after a plan to end US oversight of the key nonprofit organization.

How alternative currencies could catch on and cash in

May 21, 2015

Alternatives to cash, like Bitcoin and Uber, may never replace the coins in our pockets or paper bills in our wallets, but they are creating significant social and economic impacts, and with some design adjustments, ...

Spotify introduces video, radio service

May 20, 2015

While saying that it is still a music company at heart, Spotify says it is expanding its lineup to include podcasts, news radio and video streaming.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.