International sting sees arrest of 24 hackers

The FBI and Police departments from Britain, Australia, Bosnia, Bulgaria, Denmark, Canada, France, Germany, Italy, Japan, Macedonia and Norway was involved in a major sting that resulted in the arrest of 11 US hackers and 13 hackers from other countries.

The FBI operation called ‘Operation Card Shop’ secretly created and ran a forum for 11 months (from June 2010) where the hackers exchanged digital assets like for example large batches of credit card numbers. The forum was called ‘Carder Profit’ and stopped functioning a few weeks ago.

The FBI described the sting as the ‘largest coordinated international law enforcement action in history directed at ‘carding’ crimes’.

In the same statement they also said: ‘In so doing, the FBI has prevented estimated potential economic losses of more than $205 million, notified credit card providers of over 411,000 compromised credit and debit cards, and notified 47 companies, government entities, and educational institutions of the breach of their networks’