Personal Liberty Digest™ will be upgraded this weekend to reflect a dynamic new look and mobile-friendly viewing to enhance your experience! Plus, we'll be providing even more of the compelling content you've come to expect, delivered in a whole new way!

  Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

U.S. Prosecutors: Moscow-Based Hackers Stole Millions

NEW YORK (UPI) — A Moscow-based “worldwide hacking conspiracy” broke into the networks of major companies to steal sensitive data, federal prosecutors said Thursday.

The victims included the NASDAQ, Dow Jones and major retailers like Carefour SA, Citibank, PNC Bank, Heartland Payment Systems, 7-Eleven, JCPenney, Hannaford Brothers and others, investigators said. The defendants include four Russians and a Ukrainian.

“This type of crime is the cutting edge,” U.S. Attorney Paul Fishman said. “Those who have the expertise and the inclination to break into our computer networks threaten our economic well-being, our privacy and our national security. And this case shows, there is a real practical cost because these types of frauds increase the costs of doing business for every American consumer, every day. We cannot be too vigilant and we cannot be too careful.”

Assistant U.S. Attorney General Mythili Raman said the scheme cost their victims hundreds of millions of dollars.

“The defendants charged today were allegedly responsible for spearheading a worldwide hacking conspiracy that victimized a wide array of consumers and entities, causing hundreds of millions of dollars in losses,” Raman said.

Those charged in a superseding indictment released Thursday were Vladimir Drinkman, 32, of Syktyykar and Moscow, Russia, and Alexandr Kalinin, 26, of St. Petersburg, Russia. Prosecutors said they specialized in bypassing security and gaining access to computer systems.

Roman Kotov, 32, of Moscow, allegedly specialized in stealing data once the networks were breached. Mikhail Rytikov, 26, of Odessa, Ukraine, is charged with providing an anonymous Web-hosting service while Dmitriy Smilianets, 29, of Moscow, allegedly sold the information.

The hackers allegedly stole information on 160 million credit cards, which were sold for $10 to $50 each, the lower price for U.S. credit card information and the top price for European credit card information.

The companies lost a combined $300 million, prosecutors said.

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

Facebook Conversations

Join the Discussion:
View Comments to “U.S. Prosecutors: Moscow-Based Hackers Stole Millions”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.