Britain’s Police Central e-crime Unit (PCeU) have announced today that they have arrested two men as part of an eight month investigation into what is said to be the world’s largest English-speaking online cybercrime forum.
The underground website consisted of online forums where up to 8000 malicious hackers traded stolen bank account details, PIN details, phished passwords, offered to rent out botnets for the purposes of distributed denial-of-service (DDoS) attacks, and openly sold data stolen by the insidious Zbot (also known as Zeus) family of malware.
For instance, we’ve seen criminals rent out access to botnets of 10,000 compromised PCs to launch DDoS attacks for $200 per day.
The two men, aged 17 and 18, were arrested by appointment at a central London police station and currently remain in custody.
Computer crime investigators say they have so far recovered more than 65,000 compromised card numbers, estimating £7.9 million (US $11.8 million) worth of losses in relation to…
Read more in my article on the Naked Security website.