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A 21-year-old college student has been sentenced to seven years in prison after developing and distributing what is known as “fishing code,” a type of malicious software designed to steal sensitive information. Over a three-year period, the student’s activities generated illicit income of approximately 2.88 million yuan (around $400,000). However, his actions caused tremendous damage worldwide, with estimates suggesting losses exceeding 950 million yuan (roughly $140 million).
Authorities revealed that the defendant engineered and circulated a sophisticated phishing program that tricked users into revealing confidential data, which he then exploited for financial gain. His operations targeted victims across multiple countries, illustrating the widespread impact of such cybercrimes.
The case underscores the growing threat posed by young cybercriminals leveraging their technical skills for financial profit through illegal means. Experts warn that despite receiving relatively brief education, these individuals often possess advanced knowledge that enables them to craft convincing scams, contributing heavily to global cybercrime challenges.
During the sentencing, the court emphasized the importance of cybersecurity awareness and the repercussions of cyber offenses. The young defendant’s case serves as a stark reminder of the serious consequences faced by those who exploit technology maliciously, even at a young age.