The BBC have reported that nineteen people have been arrested in London under the Computer Misuse Act.
Read the full report here: http://www.bbc.co.uk/news/uk-11431989
Those arrested are suspected of stealing millions of pounds in the past few months. Its encouraging to see high profile arrests for serious cybercriminal activity.
We saw something similar in Manchester last year. The UK's e-Crime Unit are clearly on the ball:
http://www.lavasoft.com/mylavasoft/company/blog/malware-arrests-send-mes...
As reported by swedishwire.com, three men - from the US and Sweden - responsible for spreading infamous scareware such as "Errorsafe" and "Drivecleaner" may be facing hard penalties for their fraudulent activities. They operated via a Ukraine-based company called "Innovative Marketing" located in Kiev. The fraud scheme of the perpetrators was based on tricking gullible users into believing that their computers were heavily infected.
The men behind The Pirate Bay were today found guilty of aiding and abetting illegal downloads of copyrighted materials via their BitTorrent Tracker site. The accused were all sentenced to one year's imprisonment by the Stockholm District Court.