Phisher Sentenced to 12 Years
August 2, 2011
Total Loss:
Unknown
A U.S. District Court in California has slapped a hacker with a 12-year prison sentence for phishing attacks he launched on more than 38,000 consumers.
Tien Truong Nguyen, 34, was found guilty of stealing personal bank information from unsuspecting online users after sending those users to spoofed bank sites that collected account log-in and password details.
Through targeted spear-phishing attacks, Nguyen collected bank details that he sold to other cyberthieves who then used the stolen identities to open lines of credit.
Source:
Bank Info Security
Posted in:
Account Takeover Identity Theft
Deposit Account Fraud
New Account Fraud