Ukrainian authorities have arrested a 31-year-old hacker for his involvement in stealing and selling bank accounts of American and Canadian users on the dark web .
The suspect distributed trojanized software for free (for desktop and mobile OS) using various websites he managed. He also promoted these websites through advertising campaigns.
“The suspect launched an entire online advertising campaign to "promote" the controlled resources“.
The malicious payloads infected victims' devices and stole sensitive data, which the hacker used to compromise the victim's Google accounts and online banking accounts.
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The hacker then sold access to the compromised bank accounts to other cybercriminals via the dark web.
Authorities in Ukraine say the suspect had accompliceswho maintained darknet accounts. Their identities are currently unknown, but authorities are searching for them.
The press release from the police also states that the hacker has been active since 2017 and turned to phishing in 2021. At present, it is estimated that the 31-year-old has managed to obtain at least $92,000 from these activities, but his earnings may be much more.
The arrest took place on February 14 at the suspect's home. Police also seized various items during three separate searches, including a luxury Mercedes-Benz SUV worth approximately $65,000.
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The suspected hacker now faces up to 8 years in prison and confiscation of all his property, for violations of the Criminal Code of Ukraine related to laundering of property obtained by criminal means, unauthorized interference in the operation of information systems, networks , creation of malicious software for the purpose of its illegal use, distribution or sale, as well as distribution or sale of stolen data.
The authorities' operation affects cybersecurity in general, as it is an important step in the fight against cybercrime. The arrest of a hacker involved in the theft and sale of bank accounts on the dark web demonstrates the authorities' determination and ability to deal with such threats.
This business also helps raise awareness about cybersecurity, which shows the importance of protecting digital accounts and personal data.
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Furthermore, the business can act as a deterrent to cybercriminals. The exposure and suppression of such activities can discourage others who may be considering similar actions.
Finally, public trust in authorities. This is crucial for strengthening overall cybersecurity.
Source: www.bleepingcomputer.com
