Boom Times for Eastern European Hi-tech Phishing Fraudsters

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Boom Times for Eastern European Hi-tech Phishing Fraudsters

10-19-2005, 08:52 AM,

Post: #1

mandy Offline

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Boom Times for Eastern European Hi-tech Phishing Fraudsters

Quote:One area turning out to be a hotbed of hi-tech crime is Eastern Europe. Enormously successful tech savvy gangs have been traced to Russia, Romania, Ukraine, Estonia, Latvia and Lithuania.

...each phishing gang is making between $100,000 to $300,000 per month.

...there are between 50 and 60 Eastern European groups involved in phishing. Approximately 75% of all the phishing e-mails sent out originate from only 42 of these crime groups.

full article: http://news.bbc.co.uk/2/hi/technology/4286276.stm

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