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

Researchers find tweeting in cities lower than expected

February 20, 2018

Studying data from Twitter, University of Illinois researchers found that less people tweet per capita from larger cities than in smaller ones, indicating an unexpected trend that has implications in understanding urban pace ...

Augmented reality takes 3-D printing to next level

February 20, 2018

Cornell researchers are taking 3-D printing and 3-D modeling to a new level by using augmented reality (AR) to allow designers to design in physical space while a robotic arm rapidly prints the work.

What do you get when you cross an airplane with a submarine?

February 15, 2018

Researchers from North Carolina State University have developed the first unmanned, fixed-wing aircraft that is capable of traveling both through the air and under the water – transitioning repeatedly between sky and sea. ...

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.