Hacker who stole $1 million from banks gets 5 years in prison

cybercrime crackdown, What the Hack

A cyber-criminal, Tomasz Skowron sentenced to five years in prison for being a part of a cyber-crime operation that stole $1 million from victims all around the world, using baking malware.

29 years old, Tomasz Skowron was sentenced on Monday to five years and three months’ imprisonment after he found guilty of defraud and money laundering.

The London Police arrested the crook in December 2014 following the intelligence received from the banking industry. Per the police report, Skowron used his home IP address to transfer funds from the compromised accounts to his own.

The Police reported that, they correlated the fund transfers from Commonwealth Bank of Australia into UK bank accounts. Digging deep, the officers identified a common IP address that was linked to several of the payments made into UK accounts.

The Police said, further enquires led them to identify that the IP address was registered to Skowron’s address, who was later arrested.

Skowren was a part of big cybercriminal gang whose role was to transfer the funds from the compromised accounts to his own. Additionally, he along with another crook, Piotr Ptach, recruited ‘money mules’ whose account they could use to transfer funds from compromised ones and later could withdraw or start laundering process.

The investigation also linked Skowren to another incident of cybercrime. He was linked with two man-in-the-middle attack against construction firms in the UK. Through man-in-the-middle attack, he could deliver banking malware to firm’s employees which could record and send the banking login details.

The police said, two of the incidents costed £500k to the firms, out of which around £39,000 had been transferred into a bank account Skowron had opened himself just nine days before the fraud took place.