Published on December 23rd, 2019 📆 | 4748 Views ⚑0
Three people sentenced for running $100 million malware crime network
The network operated for years, using GozNym to compromise over 41,000 computers and swipe money from targets’ bank accounts. It started falling apart when Nikolov was caught and extradited to the US in December 2016, although he didn’t plead guilty until April 2019.
The FBI said these sentences showed that it wouldn’t let online criminals “operate with impunity.” While that’s true, it’s not certain this will dissuade internet gangsters. The GozNym busts were successful thanks to cooperation between friendly countries, but many cybercrooks operate out of Russia and other countries that don’t have extradition treaties with the US and may be reluctant to arrest hackers that target the West. These are important sentences, but they’re not likely to change the digital landscape.