Saturday 16 November 2013

How a Teen Hacker was making $50,000 per month


Argentina: Police have arrested a 19 years old hacker targeted international money transfer and gambling websites to make $50,000 a month. That teen was making $50,000 a month from his bedroom in Buenos Aires, police say. During the arrest operation police shut down the Electricity of the area where the teen lived to prevent the deletion of sensitive data. The Teen hacker was living with his father and according to police the were chasing him for more than a year. In the teenager’s room, officials found high-capacity computers.

How the teen was making $50,000 a month? 

He allegedly used malware attacks to build up a network of thousands of zombie computers, which were then used to illegally divert money from accounts leaving virtually no trace behind. The young man is being accused of three crimes, and if convicted of all, could be sentenced to more than 10 years in prison, BBC writes.


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