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Russian hacker arrested in bank extortion case

Russian law enforcement, with help from the U.S. Secret Service and U.S. Federal Bureau of Investigation (FBI), arrested a computer hacker who had attempted to extort $10,000 from a U.S. bank, according to a Secret Service agent. The hacker, whose name was not revealed, was arrested after breaking into a server owned by financial ASP (application service provider) Online Resources (ORCC) and attempting to extort money from one of ORCC`s client banks, said Ray Crosier, the company`s president and chief operating officer. Full Story