US charges eight for cybercrime targeting banks, government

An interesting articles from NBC NEWs in there Technology section:  Federal prosecutors in New Jersey on Wednesday unveiled criminal charges against eight people accused of trying to steal at least $15 million from U.S. customers in an international cybercrime scheme targeting accounts at 15 financial institutions and government agencies.

U.S. Attorney Paul Fishman said the conspiring hackers gained unauthorized access to computer networks, diverted customer funds to bank accounts and pre-paid debit cards and used “cashers” to make ATM withdrawals and fraudulent purchases in Georgia, Illinois, Massachusetts, New York and elsewhere.

Among the entities targeted were Automatic Data Processing Inc, Citigroup, eBay’s PayPal, JPMorgan Chase & Co, TD Ameritrade Holding Corp and the U.S. Department of Defense, Fishman said. The charges come as law enforcement officials crack down on cybercrime heists. This has included arrests announced last week of 11 people in the United States, United Kingdom and Vietnam in a worldwide credit card fraud ring, and a May raid on Liberty Reserve, a Costa Rica company that provided a “virtual currency” system to move money without using traditional banking.

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