Gang arrested for hacking and stealing from exchange companies
Posted on 05 March 2013.
The Dubai police has arrested three people allegedly belonging to a crime gang that managed to steal nearly $2 million from Dubai exchange companies with the help of hackers.

The hackers have broken into the email accounts and computer systems of a number of Dubai-based companies and have stolen information that allowed the gang to transfer money from company accounts.

According to Gulf News, two Asians were tasked with creating fake companies on the Internet, providing their bank accounts, and transferring the money

Most of the money would ultimately be sent to bank accounts outside the country, controlled by one D.Q. from Africa - the mastermind of the scheme - who served as a mediator between the gang members. After his arrest, he admitted that he participated in other similar scams.

The Dubai police is working with Interpol to arrest other gang members that reside in several African countries.









Spotlight

Bash Shellshock bug: More attacks, more patches

Posted on 29 September 2014.  |  As vendors scramble to issue patches for the GNU Bash Shellshock bug and companies rush to implement them, attackers around the world are probing systems for the hole it opens.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  

DON'T
MISS

Tue, Sep 30th
    COPYRIGHT 1998-2014 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //