Hacker Who Stole $5.2m Monthly, Busted In Mexico

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Eight suspected members of a gang of financial hackers that stole hundreds of millions if not billions of pesos from Mexican banks, have been arrested in León, Guanajuato.
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Federal authorities also seized 27 luxury vehicles, motorcycles, more than $1 million in cash, drugs, weapons, a Federal Police uniform, computers and mobile telephones during raids carried out at 11 properties in the city on Wednesday.
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The operation involved the simultaneous execution of multiple search and arrest warrants. Six men and two women were arrested during the operation.
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Among the people detained was a man identified as Héctor Ortiz Solares (pictured), who is believed to be the leader of the hacking group known as Bandidos Revolution Team.
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Authorities said that Ortiz – aka El H-1, El Patrón and El Bandido Boss – was the chief logistics operator of the organization. He and the other suspected gang members allegedly recruited tech experts to facilitate their criminal activities.
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Ortiz’s personal illicit income is estimated to have been between $2.6 million to $5.2 million per month, and according to authorities, he was planning to buy a professional, third-division soccer team.
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During the past five years, the hacking group is alleged to have used malware to infiltrate banks’ electronic interbank payment systems, known in Mexico as the SPEI.
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Once inside a bank’s system, the hackers would make unauthorized withdrawals and deposit the funds in the accounts of third parties.
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The account holders were paid commissions to withdraw the illegally deposited funds and pass them on to the criminal group
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The criminals also hacked into systems that controlled bank ATMs after which they would infect them with viruses that allowed them to program large, unauthorized withdrawals.
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The eight people arrested are not responsible for a cyber-attack last year that cost $15.6 million.

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