Hacker News article A German woman who hacked into the bank of a German investment firm was arrested Monday after she was arrested in the United States on charges that she broke into the company and stole more than $10.6 million.
She is the first woman to be charged in the U.S. with hacking into an investment bank, which was hit with massive losses from a cyberattack last year.
The German prosecutor’s office in the western state of Baden-Wuerttemberg said in a statement that the arrest was made following a raid in Germany’s western city of Dresden.
It did not elaborate on the nature of the case or the alleged victim.
The woman is accused of breaking into the German bank in August 2016 and stealing funds worth around $1 billion from its accounts.
The bank was not named in the criminal complaint against the woman, and it did not immediately respond to a request for comment.
The prosecutor’s statement said the woman used a different bank account than the one used to access the bank.
The money was then transferred to her personal bank account and stored in the account of a bank in the southern city of Paderborn, where the woman worked.
According to the criminal indictment, the woman’s stolen funds were then transferred into the account in Paderfeld, a city about 50 miles (80 kilometers) southwest of Berlin.
The alleged victim had not been seen in public for nearly a year, according to police in Padek, where she lived.
Police were searching for the woman in the town of Padeke.
The incident happened on the same day the German government announced a series of reforms to strengthen cybersecurity, including the creation of an international agency with the mandate to investigate and prosecute hackers and financial institutions.