German authorities arrested 10 people last week for computer intrusion and financial crimes following an 18 month investigation into an international phishing group.

The suspects, who varied in age from 20- to 36-years-old, allegedly used a Trojan horse program to infect victims’ machines and log their bank activity, racking up hundred of thousands of Euros in profits, according to a Federal Criminal Investigation Office (BKA) press release (in German).

http://www.securityfocus.com/brief/590