July 31, 2008
The Hungarian Customs and Finance Guard has recovered or accounted for
some USD 1.5m stolen from a foreign financial institution in an attack
by hackers as the money was laundered by a ring that included Hungarian
citizens, the guard told MTI on Wednesday.
The money launderers transferred the money to bank accounts in Hungary
and the accounts of off-shore companies. In the course of the
investigation, they withdrew more than HUF 70m - or USD 500,000 - of the
money in cash, the guard said.
The guard issued arrest warrants for three Hungarian citizens as a
result of the investigation.
Attend Black Hat USA, August 2-7 in Las Vegas,
the world's premier technical event for ICT security experts.
Featuring 40 hands-on training courses and 80 Briefings
presentations with lots of new content and new tools.
Network with 4,000 delegates from 50 nations.
Visit product displays by 30 top sponsors in
a relaxed setting. http://www.blackhat.com