Friday, August 29, 2008

Taiwan busts hacking ring, 50 million personal records compromised

On August 27, 2008, a group of hackers were arrested. Six people, who were operating in Taiwan and China, are considered by Taiwan's Criminal Investigaiton Burea to be the responsible for the biggest theft of personal data Taiwan has ever seen with 50 million personal records stolen. Among the list of people whose personal information was stolen are former Taiwan president, Ma Ying-jeou and current Taiwan president, Wang Cho-chain. The hackers had planned to offer the information to anyone willing to pay 300 Taiwan dollars (10 U.S.) per topic via the internet. Furthermore, the hackers had been robbing victims who had online bank accounts based in Taiwan and China out of millions of Taiwan dollars. Last week, China found a well developed fake diploma scam involving ten government databases, leading them to investigate more global cyber-crimes like the hackers uncovered this week. As for the hackers operating globally, it is all too easy with the help of geolocation and botnets (internet service), allowing someone to steal data from any country of their choice.
I think that cyber-crime is appealing to criminals because it allows them to access an unlimited wealth of information or money from the safety and ease of their computer screen. The global appeal of cyber-crime allows criminals to access any place in the world via the internet. In Asian countries, cyber-crime may be more typical because it is harder for police to pinpoint hackers. It is easy for hackers to pick up their operations and start elsewhere as long as there is an internet connection.

Published by Google News

http://blogs.zdnet.com/security1?p=1814

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