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‘The Analyzer’ Pleads Guilty in $10 Million Bank Hacking Case

Posted on August 25, 2009 by Dissent

Ehud Tenenbaum, aka “The Analyzer,” quietly pleaded guilty last week to a single count of bank-card fraud for his role in a sophisticated computer-hacking scheme that federal officials say scored $10 million from U.S. banks.

The Israeli hacker was arrested in Canada last year for allegedly stealing about $1.5 million from Canadian banks. But before Canadian authorities could prosecute him, U.S. officials filed an extradition request to bring him to America. Prosecutors alleged in an extradition affidavit that Tenenbaum hacked into two U.S. banks, a credit and debit card distribution company and a payment processor, in what they called a global “cashout” conspiracy. But he was only charged with one count of conspiracy to commit access device fraud and one count of access device fraud.

Read more on Threat Level

Category: Breach IncidentsFinancial SectorHackNon-U.S.Of NoteU.S.

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