[pchelpers] News: VoIP Security Alert: Hackers Start Attacking For Cash

  • From: John Durham <john.modec@xxxxxxxxxx>
  • To: PC-Helpers <pchelpers@xxxxxxxxxxxxx>
  • Date: Mon, 12 Jun 2006 13:22:18 +1200

  VoIP could become the newest opportunity for cyberthieves, with the 
recent arrest of a Miamian only the beginning.
By J. Nicholas Hoover
InformationWeek

Jun 8, 2006 11:23 PM
  IP phone crooks are learning how to rake in the dough. An owner of two 
small Miami Voice over IP telephone companies was arrested last week and 
charged with making more than $1 million by breaking into third-party 
VoIP services and routing calls through their lines. That let him 
collect from customers without paying any fees to route calls.

Hacking has become a decidedly for-profit crime, with crooks intent on 
theft rather than disruption. Voice over IP hasn't been a big target, 
but only because crooks haven't figured out how to make money off 
breaking in.

In that sense, Edwin Pena is a pioneer if federal prosecutors' 
allegations are true. Edwin Pena had been making easy cash for almost 18 
months and sold about 10 million minutes before law enforcement caught 
up with him yesterday morning, prosecutors say. The newfound magnate is 
alleged to have lavishly spent his takings on luxury cars, a 40-foot Sea 
Ray motorboat, and Miami-area real estate. Now he faces losing all that 
and spending up to 25 years in jail, in addition to paying $500,000 in 
fines.

More here:
http://www.informationweek.com/internet/showArticle.jhtml;jsessionid=TTPVXJGJ1QFI4QSNDLRCKH0CJUNN2JVN?articleID=188702963&subSection=
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