Re: So no more cyber financial fraud?
You are correct to some extent, BUT everytime you take down a group like this, your taking down people with experience and skills at this type of fraud. That means the next group is made up of people with less skills, that have to relearn the lessons of the old group. Which means making the same mistakes as the old group, which should make it easier to track them down, and faster to shut them down. The new groups also need financial backing to get back up and running, so there's a game of whack-a-mole, but everytime it costs the bad guys more money to get setup which decreases the profit margins and you would hope eventually, the profit margin would be reduced so much that this type of fraud dries up.
They may just move on to the next type of fraud, or maybe not, but it's never a bad thing to stop one sort whilst you can...
Biting the hand that feeds IT
