Jonathan Stempel reports: Federal prosecutors on Monday announced the indictment of three men they accuse of being members of an international cybercrime ring that tried to steal at least $15 million by hacking into U.S. customer accounts at 14 financial institutions and the Department of Defense’s payroll service. Oleksiy Sharapka, 33, and Leonid Yanovitsky, 39,…
Category: ID Theft
Missed Alarms and 40 Million Stolen Credit Card Numbers: How Target Blew It
I finally got around to reading this fascinating report by Michael Riley, Ben Elgin, Dune Lawrence, and Carol Matlack for Bloomberg Businessweek. This goes far beyond other media coverage about how Target “missed” or “ignored” FireEye alerts and really gives more details of how the breach occurred.
MN: Former state employee who led ID theft ring gets 4.5 years
Emily Gurnon reports: A former state Department of Labor and Industry worker was sentenced Friday to 4-1/2 years in prison for her role in a broad identity-theft ring. Roxanne Kay DeFlorin was the last of four defendants sentenced in Ramsey County District Court in the scheme, which included DeFlorin’s theft of identities from her job….
MI: More Credit Card Info. Compromised at Montcalm County Market
A breach involving Carson Village Market, reported previously on this blog, continues to result in new fraudulent charges on customers’ cards, and customers who used their card since January 1 are now being advised to cancel their cards. WOOD has the story.
Ohio AG seeks harsher ID theft penalties for those victimizing service members
The AP reports: Ohio’s attorney general and two state lawmakers are pushing for harsher penalties against scammers who commit identity fraud and other theft crimes against active-duty service members and their spouses. The bill from Republican state Reps. Mike Dovilla and Terry Blair amends the current identity fraud and theft laws to increase penalties for…
Target ignored its own warning system – Bloomberg (updated)
I’m watching Josh Tyrangiel of Bloomberg on CBS News this morning reporting that prior to its massive breach, Target ignored the warning alerts generated by its FireEye system. Target hasn’t responded to Bloomberg’s questions as to why the warning e-mails generated by the system were ignored. Interestingly, we heard something similar in the Neiman-Marcus breach where…