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Articles about identity theft

Technology to render your signature dead?  MasterCard says SMS is far more trusty

by JG Mason on Nov 16, 2009 at 01:07 PM

The signature as a means to identify transactions is going the way of the Dodo bird.  Presented with difficult identity confirmation brought about by online purchasing, credit card companies are scrambling for a solution to the fraud the new world presents.  MasterCard Europe believes they’ve a nifty solution. Actually, MasterCard… Continue Reading »

Hacker pleads guilty to 20 credit card and hacking charges

by Sue Walsh on Sep 12, 2009 at 08:23 AM

The hacker accused of running a massive data theft operation responsible for breaches at TJ Maxx, BJ’s Wholesales, and several other major U.S. retailers has pleaded guilty to 19 charges related to credit card fraud and and hacking and 1 charge of conspiracy to commit wire fraud. “Computer hacking and… Continue Reading »

Shields Up!: Three indicted in Heartland Payment Systems data theft

by Sue Walsh on Aug 18, 2009 at 01:53 PM

Three men have been indicted in what federal authorities are calling the largest identity theft case ever prosecuted.  The three men are accused of hacking into the files of Heartland Payment Systems between October 2006 and May 2008.  Heartland processes debit and credit card payment for over a quarter of… Continue Reading »

U.K. brothers sentenced to a combined 9 years in prison for fake credit card scam

by Sue Walsh on Jul 15, 2009 at 04:21 PM

Three brothers were convicted in a London court for their parts in a fraud operation that revolved around stealing credit and debit card numbers and making fake cards to use them with.  Ahmed Charmaga received 4 and a half years in prison, while his brothers Mahmoud and Mohammed received 5… Continue Reading »

LexisNexis suffers mafia related data breach

by Sue Walsh on Jul 13, 2009 at 04:13 PM

LexisNexis has sent a warning to over 13,000 people after discovering a possible data breach.  The information broker says that a Florida man facing charges in a mafia racketeering conspiracy may have accessed some databases that used to be used to track terrorists.  The man, Lee Klein, is said to… Continue Reading »

SEC and FTC investigating data theft

by Sue Walsh on Feb 26, 2009 at 05:02 PM

The FTC and SEC, along with several other federal agencies, are investigating the data breach at Heartland Payment Systems.  The company processes about 100 million credit card transactions a month. Over 250,000 merchant locations were affected by the breach, which involved hackers stealing unencrypted data such as addresses, debit, and… Continue Reading »

UK police bust website dealing in stolen credit cards

by Sue Walsh on Oct 20, 2008 at 11:00 AM

Law enforcement officials in the UK have shut down an underground website that specialized in helping cybercriminals commit their crimes.  The site, called DarkMarket, was kept secret and access was granted by invitation only.  Its forum allowed cyberthieves to buy and sell stolen banking details and credit card numbers obtained… Continue Reading »

Study accuses US of ignoring Internet fraud

by Sue Walsh on Aug 18, 2008 at 03:09 PM

Spam, phishing, identity theft, and online job scams are just some of the fastest growing types of crime today. Cybercrime is a growing business, netting millions for spammers, hackers, and malware authors, and a new study by the Center for American Progress says the US isn’t doing a thing about… Continue Reading »

Social, mobile networks; fertile ground for identity thieves

by Renay San Miguel on May 6, 2008 at 11:11 AM

A mobile phone company ad slogan, “it’s all about the network” is being taken to heart by identity thieves. We’re not just talking about the cellular networks that allow you to send text messages, surf the web and shop from your handy mobile device; if a Los Angeles Times story… Continue Reading »

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