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Feds Indict ‘Fxmsp’ for Hacking Multiple Firms

The U.S. Justice Department unsealed an indictment Tuesday charging a Kazakhstan citizen with leading a hacking collective known as “Fxmsp” The group has been accused of carrying out hundreds of attacks worldwide over the past several years. The most serious charge – conspiracy to commit wire fraud – carries a sentence of up to 20 years in federal prison. The indictment comes after Singapore-based security firm Group-IB published a lengthy report last month about the group’s activities, including details about at least $1.5 million in illicit profits that hackers collected thanks to a botnet-based business model.”]

Source: https://www.cuinfosecurity.com/feds-indict-fxmsp-for-hacking-multiple-firms-a-14584

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