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Some good news.

The first arrests ever in Italy having been carried out for association to commit crimes of phisings, the young hacker confesses: I used to send e-mails from Poste Italiane and entered into the current accounts of my victims from my laptop. The top components all come from Easten Europe.

The Provincial Command of the Military Financial Police (Guardia di Finanza) of Milan executed 26 Arrests Warrants for the people belonging to two criminal associations. These two criminal associations were connected through and made up of Italian and Foreign citizens, who were responsible of a series of deceptions of hundreds of users taking advantage of Home Banking Services, through techniques better known as phishing.

The operation, called “PHISH & CHIP“, allowed the Judicial Authorities to identify 18 Italian citizens and 8 foreign citizens from Eastern Europe, regularly living in our Country, who took advantage of the Home Banking Services’ personal access codes of the clients of “Poste Italiane” (holders of on-line bank accounts or PostePay Cards). The access codes were illegally wormed out through the answers given to the e-mails apparently sent by their Credit Institutions.

More here.

Alex Eckelberry