NZ Police swoop on teen hacker

[iceman1]

Police in New Zealand have arrested a teenager they say was the ringleader of an international cyber crime network. The network is alleged to have infiltrated over one million computers and skimmed millions of dollars from people's bank accounts.
The teenager, who is 18, cannot be named for legal reasons but his cyber identification was "Akill".
Police allege that he was the whizzkid kingpin behind what they called an international spybot ring.
The term describes the process of infiltrating computers around the world with malicious software that allows the computers to be used to collect information such as bank account and credit card details.
In this global hacking spree, the FBI estimates that 1.3 million
computers were infiltrated and infected and more than US$25m (£12.5m) was illegally embezzled.
"Akill" was still at school when his hacking allegedly began, and he is said to be very bright and very skilled.
The 18-year-old was arrested in New Zealand's North Island city of Hamilton.
He is now co-operating with the police and apparently telling them just how this high-tech scam worked.
He could face charges which carry a maximum sentence of 10 years in prison.

He stole 25 million and only got 10 years?

[maltafan]

that's the max. He might even get less.

[Silver Shadow]

I'll put 10 million dollars down that he'll get hired by a bank or a tech company to close the security holes in their systems, for a very good price too!

[lmcsp]

Hmm, I live about 40mins from Hamilton (the city), hehe, and I never heard about this - its quite funny the news that you read on here.