Kristin J. Bender reports: Two men could spend the rest of their lives in federal prison after they pleaded guilty Wednesday to helping set up phony debit card pads in a popular craft store to steal customers’ bank account and credit card numbers. Edward Arakelyan, 21, and Arman Vardanyan, 22, both of Southern California, each…
Category: Business Sector
TX: Credit card fraudster gets 70 months
Lynn Brezosky reports: A Corpus Christi man who admitted to making fake credit cards using [credit card] receipts stolen from a San Antonio hotel has been sentenced to five years and 10 months in federal prison, federal prosecutors said Wednesday. Steven Reese Clark, 37, also must pay $3,606 in restitution to victims of his fraud….
Cn: Dangdang Freezes Accounts After Hacking Incident
DangDang, a Chinese e-commerce firm that had confirmed a breach in December 2011, is now freezing accounts. Citing the Beijing Daily, CRIEnglish.com reports that the firm shut down all account activity from March 19-22 to give users time to change their account names and passwords following “the incidents.” Dangdang said during an investigation to check…
Hacker, suspected of 6 million user CSDN info leak, detained
Zhao Wen of The Shanghai Daily reports that a suspect has been detained in the CSDN breach that made headlines in December: The suspect surnamed Zeng was held in Wenzhou, eastern Zhejiang Province on February 4 after Beijing police opened an investigation into the case on December 22, the paper said. The leak, considered the…
‘Indian call centres accused of selling Britons’ personal data for as little as two pence’
Deja vu all over again: Indian call centres are selling Britons’ confidential personal data, including credit card information, medical and financial records to criminals and marketing firms for as little as two pence, an undercover investigation has discovered. Two ‘consultants’, claiming to be IT workers at several call centres boasted of possesing 45 different sets…
Inside Telstra’s customer information breach
Darren Pauli has a follow-up piece in SC Magazine on how Telstra responded to a breach it had in December where thousands of customers’ data were exposed online.