Phishing ring arrested

By Derek Sooman on January 23, 2006, 6:07 PM
Good news here in the fight against phishing – the Bulgarian National Services to Combat Organized Crime (NSCOC) agency has arrested a ring of eight individuals who it is alleged ran an international phishing operation. The "MBAM Gang" (Microsoft Billing Account Management), spoofed emails to make them appear as if they were sent by MSN staff. They also created and used fake internet web pages that copied the design, logo and trademark of official MSN pages, and used stolen financial data to receive express money transfers for more than $50,000. That’s before they were caught, that is.

Microsoft said it referred the matter and evidence of the attacks for further investigation to Bulgarian authorities. Horacio Gutierrez, Microsoft's associate general counsel for Microsoft Europe, said: "This is an important step forward in the combat against those who prey on internet users. Microsoft believes vigorous criminal enforcement against phishers is essential to show cyber-criminals that there are consequences to their illegal actions, and we are pleased to collaborate with law enforcement agencies around the world in this effort."




User Comments: 8

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nathanskywalker said:
Microsoft seemed happy...[url]http://www.microsoft.com/presspass/press/2006/j
n06/01-20BulgariaPhishingPR.mspx[/url]Well good, glad to hear it, one cell of bad guys down, 768,586 to go. Ok good thing, one less group of serious hackers, and one more reason for exploiters to back off....or get better, and not get caught....
Need_a_Dell said:
Good stuff, I did a report on phishing not long ago and was disturbed with the information I gathered. The less phishers out in the world, the better.
Race said:
Nice.....some good news for a change!Speaking of phishing scams, I just received yet another Ebay phish today, which I forwarded on to the real Ebay. I usually get a couple of these a month showing up on the web-based email account.
otmakus said:
This is a good start. If someone can get money fast and easy, and there's no/very small chance of getting caught, he will do it. (Heck, maybe I will too). The governments all around the world have to unite to take stricter measures and try harder to catch those cybercrimers. Usually a government is reluctant to do it because they don't have the resource (99% of law enforcers where I live wouldn't know what to do with internet), and because the victims aren't in their juridiction. (sometimes even in other continents)
asphix said:
Looks like the ball has definitely gotten rolling in the fight against phishers. Hopefully the momentum continues to pick up. If it does, in about 2 or so years we might actually start to see a decline in phishing attacks and similar intrusions.
mentaljedi said:
[b]Originally posted by asphix:[/b][quote]Looks like the ball has definitely gotten rolling in the fight against phishers. Hopefully the momentum continues to pick up. If it does, in about 2 or so years we might actually start to see a decline in phishing attacks and similar intrusions.[/quote]Probnably not but we can hop the increase in attacks will go down. After all, the world's opulation will double in a couple of decades so it'll be hard to lower figures like these. Al that we can hope for is to lower the increase if u know what i mean. In any case, funny how i never open my messeges from MSN staff anyway. Don't really care. Unless its to me personally of course.
drunkbarf said:
[b]Originally posted by otmakus:[/b][quote]This is a good start. If someone can get money fast and easy, and there's no/very small chance of getting caught, he will do it. (Heck, maybe I will too). The governments all around the world have to unite to take stricter measures and try harder to catch those cybercrimers. Usually a government is reluctant to do it because they don't have the resource (99% of law enforcers where I live wouldn't know what to do with internet), and because the victims aren't in their juridiction. (sometimes even in other continents)[/quote]
drunkbarf said:
[b]Originally posted by otmakus:[/b][quote]This is a good start. If someone can get money fast and easy, and there's no/very small chance of getting caught, he will do it. (Heck, maybe I will too). The governments all around the world have to unite to take stricter measures and try harder to catch those cybercrimers. Usually a government is reluctant to do it because they don't have the resource (99% of law enforcers where I live wouldn't know what to do with internet), and because the victims aren't in their juridiction. (sometimes even in other continents)[/quote]Well how do you know you sent a message to ebay. Maybe you havent got to ebay in months. You been visiting a copy off it and went to a hijacked site and you been getting feedback from the guy phish himself just like match stick man. Na Na Na na. Welcome to THe twilight zone. Happy paranoia to you!!! Maybe its not even you that your family is hugging its a foreigner that has been watching you for months and learning your every move than one day they kidnap you sedated you and cut your face of and put it on the forener with similar body type but larger pinuts and now your girl is realy enjoying his compony. Again welcome to the twilight tech superzone. YOur girl is asking every day did you use enlargment cream on your ....Gold tooth. It was never that big. They call you big gold tooth at work you have to put a book in front of it now. Happy paranoia to you!!!
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