Security News Ukraine arrests hackers trying to sell 100 million stolen accounts

Gandalf_The_Grey

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The Ukrainian cyber police, in collaboration with investigators from the national police (ГУНП), have arrested three individuals who are accused of hijacking over 100 million emails and Instagram accounts worldwide.

The three suspects, aged between 20 and 40, used specialized software to brute-force account passwords and then steal them.

Brute force is the means of guessing account passwords through an automated trial-and-error process that has computers try many possible combinations until the correct one is found.

This method's success relies on the available computational power in relation to the password length and complexity of the targeted account.

The arrested cybercriminals monetized their illicit activities by selling access to compromised accounts to various fraud groups on the darknet.

The buyers then used their access to these accounts to message the victims' contacts, requesting them to transfer money under false pretenses.

The police announcement says the threat group was spread in various regions of Ukraine and operated under an organized structure in which the leader distributed work tasks to other members.
 

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