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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Bernanke’s other banking problem: Identity theft
Filed under: People
Some critics of recently reappointed Federal Reserve Chairman Ben Bernanke argue that he was too slow to realize that the financial system was teetering on the brink of collapse during 2008. But Bernanke might have had another, more personal banking issue on his mind at the time, Newsweek reports: his wife Anna’s purse was stolen in August 2008, and the thieves used its contents to access the couple’s joint checking account.
A court affadavit filed in June shows that 10 people are charged in the fraud, which used the Bernankes’ bank account to inflate the value of other accounts that then had money withdrawn from them. The 22-page document identifies a victim known as “B. B.,” who had $900 stolen from his account, but another complaint against one of the alleged members of the ring used Ben Bernanke’s full name.
Continue reading Bernanke’s other banking problem: Identity theft
Bernanke’s other banking problem: Identity theft originally appeared on DailyFinance on Wed, 26 Aug 2009 17:10:00 EST. Please see our terms for use of feeds.
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Bernanke’s other banking problem: Identity theft
Tags: a-friend-via, bernankes, brands, chairman, complaint, entry, identity theft, identitytheft, johnf.kennedy, laser-printers, mind, news, other-banking, time
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
Home Depot earnings fall — but not too far — for second quarter
Filed under: Company News, Earnings
Home Depot Inc. (HD) beat Wall Street expectations and raised its forecast for the rest of the year, even as the weak economy and housing market took a bite out of its second-quarter results.
The nation’s largest hardware chain posted net income of $1.1 billion, or 66 cents per share — down seven percent from the same time last year, beating expectations of only 59 cents per share in earnings. CEO Frank Blake credited cost-cutting and gains in market share with helping Home Depot pull off what passes for a successful quarter these days.
Continue reading Home Depot earnings fall — but not too far — for second quarter
Home Depot earnings fall — but not too far — for second quarter originally appeared on DailyFinance on Tue, 18 Aug 2009 12:40:00 EST. Please see our terms for use of feeds.
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Home Depot earnings fall — but not too far — for second quarter
Tags: a-bite-out, credit cards, earnings, entry, even-as-the, frank-blake, home depot, identitytheft, in focus, news, previous-record, secret-service, street
