Wednesday, October 7, 2009

47 Egyptians Arrested in Phishing Attack

U.S. and Egyptian authorities are arresting dozens of people in an identity theft ring. The gang used phishing attacks and successfully managed to get financial and personal information from thousands of victims. Expected loss is around 2 million US$.

The story is alarming in the middle east, for the number of charged people (47 in Egypt, 33 in USA), and the ease of attacks.

The indictment is available here.

Egyptian Coverage in Arabic, here and here.

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