40 Million U.S. Credit Card and Debit Card Numbers Stolen by War Driving Identity Theft Ring   - 1,741 Views, 2 Comments

Summary: In what is being called the "largest hacking and identity theft case" ever, eleven men have been indicted for allegedly stealing the numbers of more than 40 million U.S. credit cards and debit cards. Let me repeat that: 40 million. The entire population of the United States is only 301 million! That means that for every seven or eight people you see, the odds are good that one of them had their credit card number stolen, and their account drained.

Previous Article « Is Gmail Rejecting Your POP Password? You’re Not Crazy and You’re Not Alone
Read Next Article » Anthrax Documents Available Online! Download and Read the Anthrax Papers Here!

  Follow Anne on Twitter     Friend Anne on Facebook

In what is being called the “largest hacking and identity theft case” ever, eleven men have been indicted for allegedly stealing the numbers of more than 40 million U.S. credit cards and debit cards. Let me repeat that: 40 million. The entire population of the United States is only 301 million! That means that for every seven to eight people you see, the odds are good that one of them had their credit card number stolen, and their account drained.

So how did they accomplish this massive theft?

By wardriving.

Members of the group drove around looking for open wifi servers into which they could hack - servers belonging to big retail companies - I mean really big retail companies, like Barnes & Nobles, Boston Market, OfficeMax, Sports Authority, JX Companies, BJ’s Wholesale Club, Forever 21 and DSW. This virtually assured them a big payoff - big retail companies have big numbers of credit card transactions.

Authorities are calling this the biggest cooperative investigation if its kind. The investigation involved the Justice Department; U.S. attorneys’ offices in three districts: the District of Massachusetts, the Southern District of California and the Eastern District of New York; the Internal Revenue Service and the Secret Service.

It’s also the biggest credit card and identity theft ring of its kind. Again, with 44 million compromised credit card numbers, one in seven or eight are likely to have a credit card number that was compromised.

Which means, it’s time to go look at your bank statements.

40 Million U.S. Credit Card and Debit Card Numbers Stolen by War Driving Identity Theft Ring

 Follow Anne on Twitter

 Twitter Explained in Plain English

 Friend Anne on Facebook

Previous Article « Is Gmail Rejecting Your POP Password? You’re Not Crazy and You’re Not Alone
Read Next Article » Anthrax Documents Available Online! Download and Read the Anthrax Papers Here!

Read more:

»  What Everybody Ought to Know about Protecting Themselves from Credit Card Fraud and Identity Theft

»  Want Identity Theft Protection? Call CardCops for the Ultimate in Identity Theft Insurance: Identity Theft Prevention!

»  Wallet Lost or Stolen? AmEx Will Take Care of All of Your Cards, and More!

»  California Offers Identity Theft Protection With a New Anti-Phishing Law, with Private Right of Action!

For additional similar stories check out our archives on Identity Theft, Security

NOTE: We never, ever, ever will recommend any product or service on this site that we have not regularly used ourselves and do not wholeheartedly believe in. That said, in some cases after being very pleased with a product or service, we may enter into a relationship with the provider of that product or service such that if someone purchases that product or service based on our recommendation, we may get a small payment. Such payments go towards the upkeep of the Internet Patrol.

 

2 Comments »

  1. It seems to me that these companies did not do enough to keep hackers from getting into so called secure areas where peoples credit card info was kept.
    Everyone that was affected by this should get together and sue

    Comment by Ron — 8/8/2008 @ 10:13 am

  2. This is a utter outrage what these hackers have done to the lifes. Of 40 million people having there accounts drained. I wonder how all of these different hackers all over the world. Do not seem to ever to hack another hacker. It does seem very strange that these hackers never seem to interfer with another hackers crimes. Kind make me think some governments might have a hand in the hacking pot. ?

    Comment by Randall — 8/8/2008 @ 6:15 pm

RSS feed for comments on this post.

Leave a comment

Warning! All comments which contain URLs and are clearly just spam to generate a link back to the URL will be deleted on sight. Don't bother wasting your time!

If you are going to include a URL in your comment,
please keep it under 25 characters in length,
or use TinyURL to shorten it before including it in your comment.

Line and paragraph breaks are automatic, your email address is never displayed.
HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

(required)

(required)


If you have not posted a comment here before, we apologize for having to ask you to enter the letters and numbers you see in the image above to validate your comment, but we are being attacked by thousands of comment form spams every day! You only need to do this once; once you have successfuly posted a comment here you will not be asked to do this again. Thank you for your understanding!

 
 This article first appeared on 8/6/2008
The Internet Patrol
Patrolling the Internet for You!