Blog posts with "cyber fraud"

Displaying 11-14 of 14 result(s).

Hackers Selling their Product

Thomas James Frederick Smith, 21, and David Anthony Edwards, 20, have been indicted for conspiring to intentionally cause damage to a protected computer and commit computer fraud. The indictment alleges that the two infected susceptible computers with an Internet Relay Chat (IRC) bot that would allow the two to direct the infected computer to repeatedly access an IP address of their choosing as part of a Distributed Denial of Service (DDOS) attack. The two infected numerous computers assembl...

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GUILTY PLEA: 130 Million Credit Card Number Stolen by Three People

Albert Gonzalez has pled guilty to stealing the credit cards he was charged with (see my prior post here). At sentencing, he faces up to 25 years in prison.

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INDICTMENT: 130 Million Credit Card Numbers Stolen by Three People

  Three were indicted on Monday in what authorities believe to be the largest identity theft case prosecuted in history. Five corporate entities were victims in the case: 7-Eleven Inc., Hannaford Brothers Co., and Heartland Payment Systems along with two unidentified victims.   The indictment, available below, names Albert Gonzalez, a Miami man (who also went by the names "soupnazi," "segvec," and "j4guar17"), and two unnamed Russian hackers (cleverly named "Hacker 1" and "Hacker 2"). The i...

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Market Manipulation by Foreign Cyber Crime Rings

"Concerted rings" located in Eastern Europe and Asia have been identified as the perpetrators of complex market manipulating fraud schemes. The schemes involve criminals gaining access to individual brokerage accounts, or opening accounts with stolen identities. One permutation involved using compromised accounts to buy up shares of infrequently traded stocks to inflate their value, and then selling shares of the stock the criminals owned in their personal accounts that had been purchased at ...

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