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Cybercrime

“Italian police Friday arrested an alleged hacker with links to organized crime in the Naples area who is accused of defrauding banks and mobile phone operators out of several million dollars. Fabrizio Iannelli, 33, was arrested on arrival at Rome’s Fiumicino Airport after being expelled...

“The past 12 months have been a banner year for cyber crime. And that could be bad news for the future of e-commerce. ‘At current trends, in three or four years people will start to think twice about transacting on the Web, individuals and businesses,’ said Michael Fraser, director...

“The UK Metropolitan Police Central e-Crime Unit made two arrests earlier this month for suspected use of the Zeus Trojan. A man and a woman, both 20, were apprehended in Manchester on 3 November in Europe’s first arrests with regard to Zeus, according to a Met Police statement on Wednes...

“A gang of more than 100 alleged phishers has been charged in the U.S. and Egypt in connection with a global scheme to steal bank credentials of victims and siphon money from their accounts. A total of 53 defendants (.pdf) ranging in ages 18 to 44 are charged in a thick indictment (.pdf) unsea...

“Investigators said Friday that a hacker managed to get into a City of Atlanta computer and steal financial account information. According to authorities the man then set up bogus out-of-state accounts and withdrew tens of thousands of dollars. A man was indicted for stealing taxpayer cash fro...