High school cybercriminals wreaking havoc. Why are more youths committing online crime?

In June this year, UK authorities tracked down and arrested two people suspected of ring leading the largest international English speaking online cyber criminal forum. They were charged with stealing and selling the details of 65,000 bank accounts they had ransacked from computers infected with malware. They had sold the details at varying prices according to their origin, with US bank details going for $3, EU bank details for $5 and UK bank details for $7. Furthermore, they had provided advice through their online forum on the best ways to use the details to wire money, purchase items online or pay for other services. According to the authorities, more than 8 million pounds (US$12.5 million) had subsequently been stolen from these accounts. The kicker – the two alleged criminals, Nick Webber and Ryan Thomas, were both teenagers (18 and 17) and still in high school.