Prepare a 1 page (typed, double-spaced, 12-point font) summary. The first paragr
ID: 3823123 • Letter: P
Question
Prepare a 1 page (typed, double-spaced, 12-point font) summary. The first paragraph will contain a brief synopsis of article, and the second half will focus on your personal reflection of the items raised. As a suggestion, focus on the insights, issues, and illustrations covered and your impressions of the same.
See article below:
Russian Citizen Gets Record 27-Year Sentence for Hacking, Fraud Scheme
A 32-year-old Russian citizen was sentenced today to 27 years in prison for a hacking and credit card fraud scheme that caused more than $169 million in damage to small businesses and financial organizations, the Department of Justice reports. It is the longest sentence given by the US judicial system for cybercrime offenses, to date.
Roman Valeryevich Seleznev, also known as "Track2," of Vladivostok was convicted in August 2016 of 38 counts related to his operation of hacking into point-of-sale computers to steal credit card information and sell it on the dark web. According to evidence, he stole milions of credit card numbers from over 500 organizations, many of them small businesses, sold them on carding markets, and caused losses to approximately 3,700 financial institutions over his four-year scheme.
"This investigation, conviction and sentence demonstrates that the United States will bring the full force of the American justice system upon cybercriminals like Seleznev who victimize U.S. citizens and companies from afar," said Acting Assistant Attorney General Blanco.
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Alleged Kelihos Operator Indicted
In related news, the Department of Justice released more information about the specific indictment against Pyotr Yuryevick Levashov, who was arrested April 10 as part of a large effort to take down the Kelihos botnet, which Dark Reading reported on last week.
Kelihos was used to send hundreds of millions of fraudulent emails per year, harvest login credentials, distribute ransomware and banking Trojans, and send spam used in pump-and-dump schemes. There is also speculation that it had connections to US election tampering.
Levashov, 36 (aka Petr Levashov, Peter Severa, Petr Severa and Sergey Astakhov) of St. Petersburg, Russia, was charged in an 8-count indictment, including intentional damage to a protected computer, one count of conspiracy, one count of accessing protected computers in furtherance of fraud, one count of wire fraud, one count of threatening to damage a protected computer, two counts of fraud in connection with email and one count of aggravated identity theft.
Levashov was arrested in Barcelona by Spanish authorities April 7, after an arrest warrant was issued in March, and has been detained ever since. The US is seeking his extradition.
Alleged Click-fraud Schemer Extradited
The US successfully did secure the extradition of a different alleged cybercriminal, the Department of Justice announced today.
Italian citizen Fabio Gasperini, an IT professional based in Rome, has been charged with computer intrusion, wire fraud conspiracy, wire fraud, and money laundering conspiracy in relation to allegations of his creation of a global botnet and involvement in a click-fraud scheme.
He was arrested in Amsterdam in June and extradited Thursday.
http://www.darkreading.com/attacks-breaches/russian-citizen-gets-record-27-year-sentence-for-hacking-fraud-scheme/d/d-id/1328705
Explanation / Answer
In the recent years cyber crime have become a major issues. Many hacking groups are trying to breach into government or company computers to steal sensitive information from them. Here we are discussing about a major issue. By this hacking of credit cards, the hacker team raised millions of black money.
The process of hacking is done in a very secretive manner. A group of hacker will travel around the city in a car. By using computers they will find unsecured Wi-Fi spots of retailer shops. Then the main work starts. These hackers will send a cipher into that retailer computer. This cipher will collect all the credit card information from the retailer when a card is being used for a payment. This is how a hacker get the card information. Hacker group will sell this card information to black web for a handful of money. Sometimes they will create a duplicate credit card with the information to clean the balance in account.
Roman valeryevich seleznav, a 32 year Russian hacker from Vladivostok is sentenced to 27 years of jail for a cyber crime. This is the longest sentence for cyber crime till date. He used to hack the credit card information from the retailer computer and raised a amount of 169 million dollars. According to information he had stolen credit card information from 500 companies Caused lose to 3700 institutions in his 4 years of tenure. He targeted The US market for hacking. Another Russian hacker who targeted americans to rob the banking credentials , log in credentials and many more is Pyotr Yuryevick Levashov, a 32 year hacker from Kelihos botnet. This hacker used to send million of spam mails to American to get there banning credentials and login credentials. How ever he was arrested in April 7 in Barcelona. In this same tenure US government also arrested an Italian hacker for click fraud schemes. Thus many hackers are targeting The US citizens for hacking. US Cyber crime department is doing its best to eliminate this frauds on this people. I hope that one day American be hacking free country.
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