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Cybercrime: How online crooks put us all at risk

December 18th, 2007 · No Comments


Somewhere in St. Petersburg, Russia’s second largest city, a tiny startup has struck Internet gold. Its dozen-odd employees are barely old enough to recall the demise of the Soviet Union, but industry analysts believe they’re raking in well over $100 million a year from the world’s largest banks, including Wells Fargo and Washington Mutual.

Their two-year rise might be the greatest success story of the former Eastern Bloc’s high-tech boom — if only it weren’t so illegal. But the cash may be coming from your bank account, and they could be using the computer in your den to commit their crimes. Business & Technology | Cybercrime: How online crooks put us all at risk | Seattle Times Newspaper

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