Target Named as Victim of World’s Greatest Identity Thief
Dec 30, 2009 Object
Florida-based computer hacker Albert Gonzalez pleaded guilty Tuesday to a third set of charges related to the largest identity theft scheme in U.S. history. Gonzalez stole information connected to more than 130 million credit and debit cards from five companies, including Heartland Payment Systems (HPY), Hannaford Brothers supermarkets, 7-Eleven and two major unnamed national retailers.
Shortly after the hearing on Tuesday, Reuters identified Target (TGT) as one of the retailers affected, though Target said the breach lasted only a short time. U.S. Attorney Erez Liebermann said in August that the vast majority of the stolen card information came from Heartland Payment Systems.
Continue reading Target Named as Victim of World’s Greatest Identity Thief
Target Named as Victim of World’s Greatest Identity Thief originally appeared on DailyFinance on Wed, 30 Dec 2009 11:30:00.
Filed Under: Economy, People, Target Corp.
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Target Named as Victim of World’s Greatest Identity Thief
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Lenders Write Off More Credit Card Debt
Dec 30, 2009 Object
As job losses continued to mount, more and more consumers fell behind on their payments in November, Moody’s Investor’s Services reported Tuesday. Moody’s Credit Card Index showed the charge-off rate on U.S. credit cards rose to 10.56%, up from October’s charge rate of 10.04%. This reverses the recent downward trend in the charge-off rate, which had fallen in September and October.
Continue reading Lenders Write Off More Credit Card Debt
Lenders Write Off More Credit Card Debt originally appeared on DailyFinance on Wed, 30 Dec 2009 09:45:00.
Filed Under: Economy
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Lenders Write Off More Credit Card Debt
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Hacker who aided Feds charged in theft of 130 million credit card numbers
Aug 18, 2009 Object
Filed under: Technology, People
Albert Gonzalez, a 28-year-old computer hacker, was indicted yesterday for stealing 130 million credit card numbers, topping his previous record of allegedly stealing 40 million credit card numbers in a series of Wi-Fi based intrusions of U.S. retailers, including TJ Maxx, Office Max and DSW. Gonzalez, known on the internet as “soupnazi,” worked as an informant for the Secret Service in 2003 to help expose credit identity thieves.
The Justice Department’s latest charges involving 130 million credit card numbers stolen between 2006 and 2008 will have to wait until two other cases against Gonzalez are heard. Gonzalez has been in custody since May 2008, when he was arrested for stealing credit card data at Dave & Buster’s. He was also indicted in another identify theft case, including data breaches at T.J. Maxx. He is awaiting trial in New York on the Dave & Buster’s case, then will face trial in Massachusetts on the T.J. Maxx breach, before he will face trial in New Jersey on the latest breach.
Continue reading Hacker who aided Feds charged in theft of 130 million credit card numbers
Hacker who aided Feds charged in theft of 130 million credit card numbers originally appeared on DailyFinance on Tue, 18 Aug 2009 13:00:00 EST. Please see our terms for use of feeds.
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Hacker who aided Feds charged in theft of 130 million credit card numbers
Tags: credit cards, entry, heartland, identity theft, identitytheft, in focus, including-data, jersey-on-the, previous-record, secret, secret-service, verizonwireless, wireless
