Cops Describe International Phishing Gang

Police in the U.S. and Romania have arrested 38 people accused of running one of the most sophisticated international phishing operations ever uncovered.The gang’s alleged modus operandi was in many ways very standard, involving tricking U.S. citizens into giving up details of their bank accounts, enabling criminals to empty accounts up to their credit limits using ATM withdrawals.What marks this case out from the usual phishing busts, however, is the way criminals operated across several countries at the same time, in real time, exploiting a number of different technologies and mediums to pull off the frauds before victims had time to react.

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