Posts tagged as cybercrimes

Lithuanian wanted by FBI for cybercrimes put in custody in Kyiv, awaiting extradition

Wednesday, November 13, 2019

A Lithuanian citizen suspected of embezzling six million US dollars from US financial institutions, stealing personal data and money laundering, is to be extradited from Ukraine to the US, according to a court ruling issued in Kyiv on Monday. “Officers of the Federal Bureau of Investigation and the U.S. Financial Crimes Investigation Service started the investigation into the criminal activities of a 32-year-old foreigner back in 2010. The man was…

Bank of Lithuania: Cybercrimes are the greatest risk to the domestic financial system

Friday, July 13, 2018

The probability of risks of cyberattacks and their potential impact on Lithuania’s financial system is the highest, according to the latest survey of financial institutions, conducted by the Bank of Lithuania. The risk of overheating of the real estate market has lessened somewhat, yet it has also remained among the most important risks to the financial system.  ‘These days it has become usual and even necessary for consumers to use…