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5 Held in Ukraine Over Phishing Scam With 70,000 Victims

3rd Party Risk Management
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Fraud Management & Cybercrime

Suspects Allegedly Used 40 Phishing Sites to Steal Credit Card Data

Suspects, cash and servers grabbed in police raid (Source: Ukraine Cyber Police)

The Ukrainian cyber police have arrested five individuals charged with stealing credit card data from at least 70,000 people, using 40 separate phishing sites.

See Also: Industry Cyber-Exposure Report: Deutsche Börse Prime Standard 320

“The suspects deceived the victims with the help of phishing websites, which disguised themselves as mobile account replenishment services. The pre-determined amount of losses reaches five million hryvnias ($172,500). The perpetrators could face up to eight years in prison,” the Ukrainian cyber police

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