Hacker arrested in Ukraine for causing $150 million damage to global companies

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Hacker arrested in Ukraine for causing 0 million damage to global companies

Ukrainian police said Monday they had arrested a 25-year-old man who had hacked more than 100 foreign companies and caused damage worth more than $150 million.

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The hacker, who was not identified, used phishing attacks and hijacked software that allows remote access to computers, a police statement said.

Among the victims were “world-renowned energy and tourism companies,” it added.

The hacker was caught with the help of law enforcement officers from the United States, France, Europol and Interpol.

Police have searched the homes of the suspect and his relatives.

“As a result, computer equipment, cell phones, vehicles and more than $360,000 in cash were seized. In addition, $1.3 million was blocked on the attacker’s cryptocurrencies,” the police said.

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