The US Department of Justice announced Tuesday that 11 people allegedly involved in the cracking of nine major U.S. retailers and the theft and sale of more than 40 million credit and debit card number have been charged. This is considered as the largest-ever identity theft case.
From the BBC news:
The 11 suspects are alleged to have obtained card numbers, account information and password details by driving around neighbourhoods and hacking into wireless equipment.
They are said to have then concealed the information in computer servers both in the US and Europe.
The Department of Justice said the scam caused "widespread" losses among banks, retailers and ordinary consumers - although it did not put a precise figure on the financial damage.
I've already written about few basic tips about securing wifi router. The man in the middle attacks are real and many thinks that it was FUD. Have you been a victim of credit or debit card identity theft? Add your comments below.
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- Last Updated: Aug/6/2008
{ 3 comments… read them below or add one }
Literally drive by wifi hacking.
This would be the biggest break in the history.
40 Million Credit and Debit card numbers were stolen.
It is achieved with a simple sniffer code .
This is “Too Good To Be True” situation.
I don’t trust WIFI for this reason lol