Cyber Risks · Krebs on Security

Ne’er-Do-Well News and Cyber Justice

Summary: UK authorities arrested 14 people, aged 23 to 52, on suspicion of laundering at least £11 million (~USD $13.7M) for thieves who used banking Trojans like Dridex and Dyre. Separately, 19-year-old Adam Mudd pleaded guilty to running the Titanium Stresser booter service, whose records showed more than 1.7 million attacks, and Florida's Timothy Livingston pleaded guilty to hacking and spamming and agreed to forfeit $1,346,442 plus a 2009 Cadillac Escalade and a 2006 Ferrari F430 Spider.

What you should know: The NCA warned this year that cybercrime had overtaken traditional crime in the UK, with 2.46 million cyber incidents and 2.11 million victims in 2015 - and the arrests netted alleged money mules and recruiters while, as one commenter noted, the operation itself may only have been disrupted.

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Topics
Data Breaches
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