36.8 F
Washington D.C.
Monday, February 26, 2024

Hacker Group Busted in Poland and Switzerland

Hacker Group Busted in Poland and Switzerland Homeland Security Today

Polish and Swiss law enforcement authorities, supported by Europol and Eurojust, have dismantled InfinityBlack, a hacking group involved in distributing stolen user credentials, creating and distributing malware and hacking tools, and fraud. 

On April 29, the Polish National Police (Policja) searched six locations in five Polish regions and arrested five individuals believed to be members of the hacking group InfinityBlack. Police seized electronic equipment, external hard drives and hardware cryptocurrency wallets, all worth around €100,000. Two platforms with databases containing over 170 million entries were closed down by the police.

The hacking group created online platforms to sell user login credentials known as ‘combos’. The group was efficiently organized into three defined teams. Developers created tools to test the quality of the stolen databases, while testers analyzed the suitability of authorisation data. Project managers then distributed subscriptions against cryptocurrency payments.

The hacking group’s main source of revenue came from stealing loyalty scheme login credentials and selling them on to other, less technical criminal gangs. These gangs would then exchange the loyalty points for expensive electronic devices.

The hackers created a sophisticated script to gain access to a large number of Swiss customer accounts. Although the losses are estimated at €50,000, hackers had access to accounts with potential losses of more than €610,000. The fraudsters and hackers, among them minors and young adults, were unmasked when using the stolen data in shops in Switzerland.

A number of investigation measures by specialists from the Cyber Investigation Division (DEC) of the Vaud Cantonal Police made it possible to dismantle the InfinityBlack hackers network set up to exploit this data to the detriment of businesses. Five arrests were made in the Swiss canton of Vaud.

Once the criminal gang cashing out the loyalty points was identified in Switzerland, police exchanged criminal intelligence and uncovered links to members of the separate hacking group in Poland. Transmitting the data on searched computers between the Swiss and Polish authorities led to the arrest of the hackers in Poland.

Europol enabled close cooperation between cyber units in Poland and Switzerland through the dedicated network of cyber liaison officers hosted at Europol’s headquarters. Europol also supported the operation by facilitating information exchange and providing technical and analytical support. Eurojust also facilitated the transmission of information between the Public Prosecutor’s Offices in Switzerland and Poland.

Read more at Europol

Homeland Security Today
Homeland Security Todayhttp://www.hstoday.us
The Government Technology & Services Coalition's Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nation’s most vexing security challenges.

Related Articles

Latest Articles