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Virtual Wild, Wild West : Cybercriminals use Wyoming shell companies for global hacks

How cybercriminals are using Wyoming shell companies for global hacks

WASHINGTON Somali reporter Abdalle Ahmed Mumin was doubly distressed when he heard that a colleague had been abducted by masked gunmen at the University of Mogadishu on the morning of Aug 17. A fellow journalist was missing and Mumin the chairman of the Somali Journalists Syndicate had little way of getting the word out. Digital sabotage had.

How cybercriminals are using Wyoming shell companies for global hacks, ET Telecom

Cybercriminals: Interviews with half a dozen tech and compliance experts and hacking victims like Mumin suggest that the state once known as the rugged refuge for 19th century bandits is now catering to 21st century outlaws.

How cybercriminals are using Wyoming shell companies for global hacks

Somali reporter Abdalle Ahmed Mumin was doubly distressed when he heard that a colleague had been abducted by masked gunmen at the University of Mogadishu on the morning of Aug. 17. A fellow journalist was missing and Mumin - the chairman of the Somali Journalists Syndicate - had little way of getting the word out. "I can still feel the frustration," Mumin told Reuters.

INSIGHT-How cybercriminals are using Wyoming shell companies for global hacks

INSIGHT-How cybercriminals are using Wyoming shell companies for global hacks
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