The new wave and billion dollar stakes in the modern era of bank robberies is just no fun. As the battle zone between computer geeks on the side of good and evil elicits a faint yawn, and just maybe the quaint rise of single eyebrow, the days of thundering armored cars, parachuting presidents unloading bushels of cash a mile above the desert and obligatory gun play are officially over.
The only perceptible suspense is evident in the tense moment when an individual decides whether or not to respond to an “official” looking email from the bank. Ah, the lucrative and victimless nuances of white collar fraud. At least the bad guys and gals sometimes get arrested. However, it does pay to spend considerable time in the parent’s basement slaving over a keyboard and learning the dark side to hacking.
The BBC confirms that law enforcement officials in Europe landed a very diabolical and lucrative catch. The cyber crime suspect was allegedly a member in a gang of sophisticated hackers, who infected the computer networks of financial institutions with malware, through phishing efforts on employees. Once the workers opened the tainted emails, the group was able to gain access to the mainframe of an institution, and the cash then literally flowed into the hands of the thieves.
The individual captured in a massive coordinated investigation and policing operation involving multiple agencies on three continents, managed to struggle through life and the daily strife in selecting the appropriate diamond encrusted Rolex to brandish, with approximately $1.24 billion of other people’s money. The crook was able to spend the loot thanks to the existence of Bitcoin marketplace and gift cards.
Just an FYI to future cyber criminals- Author Tim Dorsey notes his novel, Clownfish Blues, that an untapped money laundering source exists in rigging the billion dollar sweepstakes of a state lottery. The legions of evil hackers and the Cartel can read the informative and entertaining recipe here.
Authorities believe that the captured temporary tycoon, was part of a legion that developed the malware strains of Carbanak and Colbalt, as the Trojan horses leading to lucrative paydays.
Read the BBC article here.
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