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Five arrested for theft of 160 million bank card numbers

As part of the dismantling of one of America’s largest-ever hacking operations, five men have been charged for their involvement in stealing a whopping 160 million credit and debit cards.

CRN reported that four Russians and one Ukrainian were charged by federal prosecutors for their involvement in the ring. More arrests are expected.

Prosecutors claimed the defendants willingly penetrated the computer networks of some of the country’s leading corporations in a campaign that dated back to 2005.

The quintet used SQL injection to steal more than 160 million credit card numbers, which caused financial losses of hundreds of millions. Three of the affected entities claim they lost a staggering US$300 million during the heist.

Vladimir Drinkman, Roman Kotov, Dmitriy Smilianets, Aleksandr Kalinin and Mikhail Rytikov stole passwords, identification information and card numbers before reselling the information.

The group is suspected to have conspired with computer hacker Albert Gonzalez, who is currently serving a 20-year sentence for leading a gang of cyber thieves who stole more than 170 million credit and ATM numbers.

If convicted, the accused could face up to 30-years in prison.

Source: http://www.crn.com.au/News/351655,160-million-bank-card-numbers-stolen-from-corporate-networks.aspx