The Security Service of Ukraine (SBU) says it has established the identity and arrested a 38-year-old male from Kyiv for the theft of assets from accounts in foreign and Ukrainian banks achieved by hacking into a foreign bank's computer systems, as a result of which over $9 million was stolen in 2008.
The male used nicknames “4×4” and “Stalin,” the SBU’s press center said. The criminal was detained in October 2013 as part of investigation. During a search of his house, investigators seized special computer equipment and firearms.
The man is also suspected of the manufacture, sale and use of bankcard reading equipment used to obtain unauthorized information from payment cards so as to make illegal money withdrawals from individuals’ bank accounts.
“The Security Service of Ukraine is currently conducting an investigation under Part 4 of Article 190 (fraud committed on a large scale or by an organized group) and Part 2 of Article 361 (unauthorized intervention into computer networks if it caused significant damage) of the Criminal Code of Ukraine,” the press center said.
