BreachExchange mailing list archives
Hacker Gets Three Years For Hijacking Schwab Brokerage Accounts
From: security curmudgeon <jericho () attrition org>
Date: Mon, 12 Apr 2010 19:27:38 +0000 (UTC)
http://www.darkreading.com/security/privacy/showArticle.jhtml?articleID=224202497 Hacker Gets Three Years For Hijacking Schwab Brokerage Accounts Russian laundered more than $246,000, sending a portion back to Russia Apr 09, 2010 | 03:52 PM By Tim Wilson DarkReading A Russian national Wednesday was sentenced to 37 months in prison for hacking into victims' brokerage accounts at Charles Schwab, laundering more than $246,000 and sending a portion back to co-conspirators in Russia. According to an FBI release, Aleksey Volynskiy also sold approximately 180 stolen credit card numbers to a cooperating witness and directed that they be fabricated into credit cards. According to the indictment, from approximately September 2006 through December 2007 Volynskiy and co-defendant Alexander Bobnev participated in a scheme to steal funds from bank and brokerage accounts by hacking into those accounts through the Internet, using personal financial information obtained through computer viruses and then laundering the stolen proceeds. To carry out this scheme, Bobnev and co-conspirators in Russia used Trojan horses to hack into the personal computers of multiple victims in the United States. These Trojan horses were designed to steal personal account information from individual victims as they accessed their bank and brokerage accounts through the Internet. After the Trojan horses captured the victims' personal account information, Bobnev and other co-conspirators used the information to access victims' bank and brokerage accounts, and thereafter made unauthorized sales of securities and unauthorized wire transfers out of these accounts. Volynskiy, along with co-conspirators residing in the United States, next set up various "drop" accounts to receive the funds stolen from their victims' bank and brokerage accounts. Then they sent a portion of the stolen funds from the various drop accounts in the United States to co-conspirators in Russia through money remitting services, keeping a portion of the fraud proceeds for themselves. [..] _______________________________________________ Dataloss Mailing List (dataloss () datalossdb org) Archived at http://seclists.org/dataloss/ Get business, compliance, IT and security staff on the same page with CREDANT Technologies: The Shortcut Guide to Understanding Data Protection from Four Critical Perspectives. The eBook begins with considerations important to executives and business leaders. http://www.credant.com/campaigns/ebook-chpt-one-web.php
Current thread:
- Hacker Gets Three Years For Hijacking Schwab Brokerage Accounts security curmudgeon (Apr 12)