international cybercrime

International Cyber Crime Takedown Said to Be Largest of Its Kind

A two-year undercover operation today netted two dozen arrests in eight countries in what federal authorities say is the largest coordinated international takedown  in history directed at those who traffic stolen financial data through online forums. The investigation uncovered 411,000 compromised credit and debit cards and saved an estimated $205 million in economic losses. Additionally, 47 companies, government entitites and educational institutions were notified their networks had been breached.

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