US helps Ukraine crack bank hacking scheme

August 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: Dozens charged in NY in global computer virus scam

Related Stories

Dozens charged in NY in global computer virus scam

September 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

August 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

August 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

July 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

Your (social media) votes matter

January 24, 2017

When Tim Weninger conducted two large-scale experiments on Reddit - otherwise known as "the front page of the internet" - back in 2014, the goal was to better understand the ripple effects of malicious voting behavior and ...

Protective wear inspired by fish scales

January 24, 2017

They started with striped bass. Over a two-year period the researchers went through about 50 bass, puncturing or fracturing hundreds of fish scales under the microscope, to try to understand their properties and mechanics ...

'Droneboarding' takes off in Latvia

January 22, 2017

Skirted on all sides by snow-clad pine forests, Latvia's remote Lake Ninieris would be the perfect picture of winter tranquility—were it not for the huge drone buzzing like a swarm of angry bees as it zooms above the solid ...

Singapore 2G switchoff highlights digital divide

January 22, 2017

When Singapore pulls the plug on its 2G mobile phone network this year, thousands of people could be stuck without a signal—digital have-nots left behind by the relentless march of technology.

Making AI systems that see the world as humans do

January 19, 2017

A Northwestern University team developed a new computational model that performs at human levels on a standard intelligence test. This work is an important step toward making artificial intelligence systems that see and understand ...

0 comments

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.