Thursday, August 2, 2018

THE WILD INNER WORKINGS OF A BILLION-DOLLAR HACKING GROUP

THE FIN7 HACKING group has leeched, by at least one estimate, well over a billion dollars from companies around the world. In the United States alone, Fin7 has stolen more than 15 million credit card numbers from over 3,600 business locations. On Wednesday, the Justice Department revealed that it had arrested three alleged members of the group—and even more important, detailed how it operates.
The indictments allege that three Ukrainian nationals—Dmytro Fedorov, Fedir Hladyr, and Andrii Kopakov—are members of Fin7, contributing to the group’s years-long reign as one of the most sophisticated, and aggressive, financially motivated hacking organizations in the world. Each has been charged with 26 felony counts, ranging from conspiracy to wire fraud to computer hacking to identity theft.

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