Chinese Black-Hat Hackers Arrested

According to reports from China Daily, what is believed to be the largest illegal hacker training and recruitment entity in China has been shut down by police.

Three people were arrested and the equivalent of a quarter of a million dollars in assets frozen. The accused, who ran a now-shuttered site called Black Hawk Safety Net, are suspected of offering online attacking programs, disseminating viruses and recruiting almost 200,000 members. Police have confiscated nine servers and five computers and completely closed all associated websites.

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Over the past 5 years, the site owners had collected more than the equivalent of $1 million in membership fees. Reportedly, paying members were able to download trojans and were coached on writing programs designed to steal accounts for... [View Full Article]