June 24, 2024 at 01:38PM
Four Vietnamese nationals linked to the cybercrime group FIN9 have been indicted for causing over $71 million in losses to U.S. companies. The defendants carried out cybercrimes from May 2018 to October 2021, using phishing campaigns and supply chain attacks to steal data and funds. They face multiple charges, with potential cumulative sentences spanning several decades in prison.
Key takeaways from the meeting notes are as follows:
– Four Vietnamese nationals, associated with the cybercrime group FIN9, have been indicted for orchestrating computer intrusions that resulted in significant financial losses for U.S. companies.
– The defendants engaged in phishing campaigns, supply chain attacks, and various hacking methods to steal data and funds from their victims over a period from May 2018 to October 2021.
– The group’s modus operandi included using fraudulent emails, targeted phishing attacks, and exploiting vulnerabilities in victim networks to access confidential data, which they then monetized through various channels.
– Specific incidents described in the indictment indicate that the defendants accessed the Employee Recognition and Rewards Benefits System of a U.S. company, issuing around 7,617 gift cards worth approximately $1 million to email accounts under their control, impacting multiple retail merchants.
– The defendants face severe penalties if convicted on all counts, including potential cumulative sentences spanning several decades in prison, and are subject to forfeiture of any property obtained from their illegal activities.
The meeting notes provide comprehensive details about the cybercrimes perpetrated by the defendants, the legal charges they face, and the potential implications of their actions.