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Two Hackers In Biggest Cyber Fraud Case In History Captured

by on July 30, 2013

In the biggest cybercrime case filed in U.S. history, prosecutors said they estimate that a group of five men from Russia and Ukraine helped steal at least 160 million payment card numbers, resulting in losses in excess of $300 million. Now, after pursuing the hackers for years, authorities have two of the suspects in custody.

The five were able to disable the anti-virus software of their targets, gather card numbers and sell them to middle-man resellers, who then sold them on online forums or to “cashers” who encode the numbers onto blank plastic cards.

One of the most interesting facets of the indictment is the revelation that they were able to breach Nasdaq. They hacked servers used by NASDAQ from November 2008 through October 2010, and installed malware that enabled them to execute commands to delete, change or steal data. An anonymous source said that hackers created their own landing page on the NASDAQ website, where users were directed when they wanted to change their passwords.

The infected servers did not include the trading platform that allows NASDAQ customers to buy and sell securities, prosecutors said.

Other companies hit by the hackers include J.C. Penney Co, Dow Jones, JetBlue Airways Corp and 7-Eleven Inc., according to the indictment unveiled in New Jersey. Dow Jones said in a statement that there was “no evidence” that information of Dow Jones or Wall Street Journal customers information was compromised as a result of the breaches.

Prosecutors declined comment on the whereabouts of the other three defendants.

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