Security News > 2024 > March > Ukraine arrests hackers trying to sell 100 million stolen accounts
The Ukrainian cyber police, in collaboration with investigators from the national police, have arrested three individuals who are accused of hijacking over 100 million emails and Instagram accounts worldwide.
The arrested cybercriminals monetized their illicit activities by selling access to compromised accounts to various fraud groups on the darknet.
The buyers then used their access to these accounts to message the victims' contacts, requesting them to transfer money under false pretenses.
In addition to this, the police have launched a parallel investigation into the potential collaboration of the cybercrime group with foreign entities, specifically for using select stolen accounts to the benefit of Russian interests.
Apart from using unique and strong/long passwords to secure your online accounts from hijacking, it is also recommended to activate multi-factor authentication whenever the option is available.
Hacker arrested for selling bank accounts of US, Canadian users.