Hacker holds onto ill-gotten gains thanks to US courts
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The Dorozhko Defense Oleksandr Dorozhko made almost $300,000 in stock-option trading by using insider information that was obtained after someone hacked into the network of a company called IMS Health. Now, the Ukrainian resident is exploiting a loophole that may allow him to keep the ill-gotten gains for good.â¦
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A former network engineer and technical services manager at a San Diego nonprofit was convicted of hacking into his former employer's computer system and sabotaging patient data.
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Science & environment: The auction site has been the target of a hacker called Vladuz, whose actions are causing concern.
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Lost in space A Romanian hacker has been charged with running amok on more than 150 US government computers.â¦
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A Connecticut computer hacker was arrested yesterday and charged with selling copies of Microsoft Windows proprietary source code.
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Jon Paul Oson, a one-time network engineer and technical services manager at the Council of Community Health Clinics in San Diegom was convicted last week of hacking into his former employer's computer system and sabotaging patient data.
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Among the more than 150 cybercrime arrests and convictions announced Thursday by the Department of Justice was an original: the nation&#39;s first case alleging denial of service attacks against competitors to knock them offline.
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SociÃ©tÃ© GÃ©nÃ©rale said a junior trader who racked up more than $7 billion in losses misused computer access codes and falsified documents.
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(InfoWorld) - Criminals working with computer hackersÂ pose a rising threat to businesses and governments as those entities increase their dependence on IT systems, a top U.S. federal prosecutor said Thursday. "There's always this worry, and I think a legitimate worry, that terrorists will actually launch computer attacks on critical infrastructure," said Christopher Painter, principal deputy chief of the U.S. Department of Justice's Computer Crime and Intellectual Property Section. Painter, who prosecuted famed hacker Kevin Mitnick before he signed a plea agreement, cited a case where a hacker in Australia fouled a fresh water supply in 2000 by hacking into a wireless connection and releasing tons of sewage. In the U.S. in 1997, a juvenile hacked into a computer phone and data system and turned off the runway lights at an airport in Worcester, Massachusetts, Painter said. "That obviously could have had pretty dire consequences," Painter said, who spoke about cybercrime at the Information Security Systems Association conference in London. Authorities have seen an increase in cases where hackers steal corporate data and then attempt to blackmail companies, Painter said. Others steal data and sell it to other criminals. In October 2004, the U.S. Secret Service busted the "Shadowcrew," a criminal group that stole credit card data and then sold it on a Web site, Painter said. The problem for law enforcement is that the bad guys are showing increased technical sophistication and often commit cybercrimes across borders, Painter said. But countries are coordinating more on investigations and takedowns, Painter said. Forty-five countries have joined the G8 24/7 High Tech Crime Network, a group of contacts that can offer immediate assistance to other countries on terrorist or criminal cases involving electronic evidence, Painter said. Painter cited a success this week whereÂ Moroccan authorities sentenced two people to prison for the Zotob and Mytob worms, which downed computers worldwide in August 2005. The U.S., Turkey, Morocco and Microsoft Corp. aided in that investigation, he said. But a difficulty with international investigations are countries with weak or no laws against computer crime, Painter said. "Any country that doesn't have good laws is going to be a weak link," he said. Â
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Some of IT's biggest profits are found in the courtroom.
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A trader in Internet penny stocks was convicted of using confidential information from an F.B.I. agent to profit illegally in the market.
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A company which makes software that infiltrates users&#39; computers and demands $30 to be removed has been targeted by US authorities.
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NOVATO, Calif. - A man was convicted of various theft charges, after prosecutors say he stole computers from the courthouse while he was on trial for computer theft.
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Company wins $84,177 over term violation; U.K. individuals, though, are virtually helpless against spammers, lawyer says.
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A 24-year-old former American Online software engineer has pleaded guilty to stealing 92 million screen names and e-mail addresses and selling them to spammers, setting off an avalanche of up to seven billion unsolicited e-mails.
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A Romanian national was indicted on charges of hacking into more than 150 U.S. government computers, causing disruptions that cost NASA, the Energy Department and the Navy nearly $1.5 million.
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Early access to profits A firm that allegedly hacked into corporate servers to access news releases early has been sued by US market regulators.â¦