Hackers Track Down Banking Fraud

An anonymous reader writes "Noticing some commonalities in the spam flooding their email in-boxes, a small group of hackers set out to track down who was responsible. Along the way they uncovered a trail that led them to an organized gang of criminals halfway around the world, and right back to some of the largest financial institutions in the US, and their customers, that became the gang's prey. See the SecurityFocus story for more details."

Comments

Show on this

[Muhammed Absol]

There will be a special on the discovery channel titled "full inbox" nov 28th at 7:00pm with this very topic as subject. I did some post production on the special, and it really is an interesting and well-filmed film.

Since hackers are good at finding dirt, it seems..

[spune]

...why not pour some of the FBI budget into funding Linux training camps throughout the nation?

Hoax ?

[BESTouff]

The article states several times that Europeans have are poor writers (spelling & grammatical errors) compared to Americans. Obviously this is a pure hoax. I know well: I read /.

The biggest Ponzi Scheme ever...

[Licensed2Hack]

... is currently being run by the U.S. Goverment. It's called Social Security.

Yes, hacking.

[twitter]

I wouldn't call what they were doing exactly "hacking"

That's because you use the ignroamous definition of "hacking":

They never performed any exploits though, like actually trying to access the web server in russia to see what information they actually had...

instead of the nomral meaning, dissasemble and understand. The people who figured out what was going on with their spam did a better job of understanding a scam than the people being scammed. It was damn good hacking

Now run along and play with that scam site of your own and the Windoze crap that runs it. You, Bill Gates and Peter Tippett can fold that deffinition of yours till it's all sharp corners and stick it up each others declining sales.