FBI and Australian police charge two in TeamPCP probe

Australian authorities charged two Western Australian men on Aug. 26 following a joint investigation into the alleged TeamPCP cybercrime syndicate. Summary Australian police charged two Western Australian men with fourteen offences following the TeamPCP cybercrime investigation. Authorities estimate malicious software potentially compromised over 1,000 organizations and exposed more than 500,000 credentials. Investigators allege the syndicate stole at least 300 gigabytes of data from downstream software customers. U.S. prosecutors separately indicted Thomson on federal computer crime charges carrying maximum five-year prison terms. Police said cryptocurrency payments remain under investigation and disclosed no seizure value or laundering total. The Australian Federal Police filed a combined 14 charges against 21-year-old Ruben Ian Thomson and 23-year-old Louis Michael Gaebler. Both appeared before Perth Magistrates Court on Aug. 27, according to ABC. The operation involved the AFP, the FBI and the Western Australia Police Force. Authorities executed warrants at properties in Cottesloe, Hamilton Hill and Mandurah. Police allege the group compromised more than 1,000 organizations, ob...