Thursday March 03, 2016

Leader Of Global $55M Cybercrime Campaigns Pleads Guilty

Remember the group that stole $55 million by hacking credit and debit card processing companies a couple years ago? Well, it looks like the ringleader has plead guilty and is facing almost 58 years in jail.

Earlier today, Ercan Findikoglu, a Turkish citizen also known by the online nicknames "Segate," "Predator," and "Oreon," pleaded guilty to computer intrusion conspiracy, access device fraud conspiracy, and effecting transactions with unauthorized access devices for his leadership role in organizing and carrying out three cyberattacks between 2011 and 2013 that inflicted more than $55 million in losses in a matter of hours on the global financial system.

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