Linda McGlasson of BankInfoSecurity.com provides an analysis and commentary, based on ITRC’s statistics for this year. There have been 356 data breaches so far in 2009, according to the Identity Theft Resource Center (ITRC). And 46 of those breaches have involved financial institutions – up from 34 at this same time last year. In reviewing…
Category: Of Note
Gonzalez pleads guilty, sentenced to 15-25 years
The Associated Press has reported that Albert Gonzalez has agreed to plead guilty to conspiracy, wire fraud and aggravated identity theft charges. Under a plea agreement with federal prosecutors filed in Boston on Friday, Albert Gonzalez would serve a sentence of 15 to 25 years after pleading guilty to a 19-count indictment. He would also…
‘The Analyzer’ Pleads Guilty in $10 Million Bank Hacking Case
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…
Hacking ring linked to theft at Citibank ATMs
The hacking ring allegedly at the centre of the world’s largest identity theft last week was also involved in cracking a network of Citibank-branded ATMs in 7-Eleven stores and operated by a third company, a law enforcement source claimed. […] In the case of the Citibank-branded ATMs, the perpetrators penetrated a network linking 2,200 kiosks…
Head credit card skimmer sentenced to seven years
As a follow-up to a case reported in March: The mastermind behind a credit card skimming scheme was sentenced to seven years in prison for racking up more than $800,000 on cards stolen from Washington-area diners. Joseph A. Bush III, 29, also was ordered to pay $815,000 in restitution that prosecutors said the gang stole…
Exclusive private jet service’s former employees arrested for stealing client lists and financial data
The superstar clients of an exclusive private jet service may have had sensitive financial data stolen earlier this year by two company employees in Boca Raton who made off with client lists and banking information, police say. Boca Raton cops have arrested the two former employees of Halcyon Jets, a top-tier aircraft services broker that…