Romania Smashes International Cybercrime Ring

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Romanian authorities said Tuesday they dismantled a cybercrime network blamed for causing more than 11 million euros (13.5 million dollars) in losses to firms in the United States, Britain, South Africa, Italy and Romania.

About 50 people were part of the criminal ring headed by two Romanians. Police arrested 42 people and took them into custody Tuesday while several computers and hard disks were seized. Ring members were accused of stealing confidential Voice over IP data by cracking servers on the Internet. They would then use the data to make thousands of calls towards surcharged numbers abroad which allowed them to get bonuses for every call.

The crackdown coincided with an international forum on cybercrime which runs until Wednesday in Bucharest. Several law enforcement experts Tuesday highlighted the steep increase in cybercrime in recent years.