The Network Security. Org

IP phone crooks are learning how to rake in the dough. An owner of two small Miami Voice over IP telephone companies was arrested last week and charged with making more than $1 million by breaking into third-party VoIP services and routing calls through their lines. That let him collect from customers without paying any fees to route calls.

Hacking has become a decidedly for-profit crime, with crooks intent on theft rather than disruption. Voice over IP hasn’t been a big target, but only because crooks haven’t figured out how to make money off breaking in.

In that sense, Edwin Pena is a pioneer if federal prosecutors’ allegations are true. Edwin Pena had been making easy cash for almost 18 months and sold about 10 million minutes before law enforcement caught up with him yesterday morning, prosecutors say. The newfound magnate is alleged to have lavishly spent his takings on luxury cars, a 40-foot Sea Ray motorboat, and Miami-area real estate. Now he faces losing all that and spending up to 25 years in jail, in addition to paying $500,000 in fines. Networking Pipeline | VoIP Security Alert: Hackers Start Attacking For Cash

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