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5 charged in “Scattered Spider,” one of the most profitable phishing scams ever


Phishing attacks were so well-orchestrated that they fooled some of the best in the business.

Federal prosecutors have charged five men with running an extensive phishing scheme that allegedly allowed them to compromise hundreds of companies nationwide, gain non-public information, and steal millions of dollars in cryptocurrency. MGM preemptively shut down large parts of its internal networks after discovering the breach, causing slot machines and keycards for thousands of hotel rooms to stop working and slowing electronic transfers. Dan Goodin is Senior Security Editor at Ars Technica, where he oversees coverage of malware, computer espionage, botnets, hardware hacking, encryption, and passwords.

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