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	<title>infraud organization &#8211; EFR Technology Group</title>
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		<title>Malware writer pleads guilty to helping $568 million cybercrime ring</title>
		<link>https://www.efrtechgroup.com/tech/malware-writer-pleads-guilty-to-helping-568-million-cybercrime-ring/</link>
		
		<dc:creator><![CDATA[Randall]]></dc:creator>
		<pubDate>Sun, 02 Aug 2020 20:06:30 +0000</pubDate>
				<category><![CDATA[crime]]></category>
		<category><![CDATA[cybercrime]]></category>
		<category><![CDATA[fastpos]]></category>
		<category><![CDATA[gear]]></category>
		<category><![CDATA[Hack]]></category>
		<category><![CDATA[hacking]]></category>
		<category><![CDATA[hacks]]></category>
		<category><![CDATA[identity theft]]></category>
		<category><![CDATA[infraud organization]]></category>
		<category><![CDATA[malware]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Tech]]></category>
		<category><![CDATA[valerian chiochiu]]></category>
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					<description><![CDATA[[ad_1] The group was created in 2010 and became a hub for thieves hoping to buy goods with fake and stolen payment cards. It was reportedly sophisticated, with members offering automated vending sites, a screening process and even an escrow service to help complete transactions. The Justice Department counted 10,901 registered members by March 2017. [&#8230;]]]></description>
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<p>The group was created in 2010 and became a hub for thieves hoping to buy goods with fake and stolen payment cards. It was reportedly sophisticated, with members offering automated vending sites, a screening process and even an escrow service to help complete transactions. The Justice Department counted 10,901 registered members by March 2017.</p>
<p>This isn’t a decisive victory for law enforcement. Only <a href="https://www.justice.gov/usao-nv/united-states-v-svyatoslav-bondarenko-et-al-infraud" target="_blank" rel="noopener noreferrer">a handful</a> of Infraud members are facing punishment, some of them in the US. Others, including co-founder Svyatoslav Bondarenko, are fugitives. The guilty plea won’t necessarily deter other crooks. It’s still an important win, though, and shows how US prosecutors will tackle other large cybercrime outfits — it’s pushing for confessions that help take down as many targets as possible.</p>
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<br /><a href="https://www.engadget.com/infraud-organization-malware-writer-pleads-guilty-200630888.html">Source link </a></p>
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