A teenager in New Zealand, allegedly the brains behind an international cybergang, has been arrested.
The gang was allegedly responsible for infecting more than one million computers, stealing bank and credit card information, and embezzling more than £10m.
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It is suspected that the teenager, known only by his cybermoniker "AKILL", was the head of the gang and began his hacking activity while still at school.
According to reports, the arrest, which is part of an international crackdown on cybercrime, came about following a joint operation between the FBI and police authorities in New Zealand and the Netherlands.
Possible charges against the teenager could include unauthorised access to computers and possessing computer hacking tools.
The teenager has been released without charge, but is reported to be helping police further with their investigations.
Carole Theriault, senior security consultant at web security firm Sophos, said, "This arrest shows that international co-operation by the authorities can work."