This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-34782369
The article has changed 6 times. There is an RSS feed of changes available.
Version 0 | Version 1 |
---|---|
Charges brought in largest financial cyber hacking | Charges brought in largest financial cyber hacking |
(34 minutes later) | |
US prosecutors have charged three men in connection with the largest cyberattack in US history. | US prosecutors have charged three men in connection with the largest cyberattack in US history. |
Details of 100 million people were accessed by cyberthieves between 2012 and the summer of 2015. | Details of 100 million people were accessed by cyberthieves between 2012 and the summer of 2015. |
At a press conference on Tuesday, US federal prosecutor Preet Bharara called the scheme "securities fraud on cyber steroids". | |
Twelve institutions were victim of the hacking included JP Morgan, Fidelity and Dow Jones. | |
US prosecutors said othey were expanding charges against two Israeli men, Gery Shalon and Ziv Orenstein, as well as a US citizen, Joshua Samuel Aaron. | |
Charges against the three men were expanded to include computer hacking and identity theft among 21 other counts. | Charges against the three men were expanded to include computer hacking and identity theft among 21 other counts. |
The men allegedly manipulated stock prices by selling shares of companies to individuals whose contact information they had stolen and then dumping their own shares causing the price to fall. | |
The men were also charged with running an illegal payment processing business that they used to collect $18m (£11.9m) in fees. | |
Prosecutors claim the men hacked into to competitors systems to spy and hacked a credit card company investigating there payment process business so they would know how to avoid detection. | |
Separate charges have also been brought against a Florida man, Anthony Murgio, who operated a unlicensed digital currency service and had previously been linked to the breach at JP Morgan. | Separate charges have also been brought against a Florida man, Anthony Murgio, who operated a unlicensed digital currency service and had previously been linked to the breach at JP Morgan. |
The US Securities and Exchange Commission had already filed civil charges related to securities fraud against Mr Shalon, Mr Aaron and Mr Orenstein. | |
Mr Aaron, 31, was a fugitive, believed to be living in Moscow, while Mr Shalon, 31, and Mr Orenstein, also 40, were in custody in Israel. |