Largest Financial Hack Ever
2013 07 29

By Ryan W. Neal | IB Times



5 Hackers Stole 160 Million Credit Cards, Hundreds Of Millions Of Dollars

Five Eastern European men were indicted Thursday for committing the largest financial hack ever. The five-man hacker crew -- four from Russia and one from Ukraine -- broke into more than a dozen corporations around the world and stole 160 million credit card numbers, usernames, passwords and more personal information over the course of seven years, resulting in the loss of hundreds of millions of dollars.

From 2005 to 2012, the hackers accessed private networks belonging to the Nasdaq stock exchange, Citibank, PNC Bank, Heartland Payment Systems, 7-Eleven, JCPenney, Hannaford Brothers and many more. They were eventually detected by a firm in New Jersey, and U.S. attorneys brought the case to the Department of Justice.

The hackers gained entry to networks through Structured Query Language injection attack. SQL is a language that manages data in a database, and the hackers identified vulnerabilities that gave them access and allowed to create permanent backdoors to the network. They also installed "sniffers" which identified, collected and stole sensitive data automatically. One attack on Global Payment Systems began in 2011 and resulted in more 950,000 credit cards stolen and $93 million lost.

The hackers sold the information at rates of $50 for European information and $15 for Canadian information. Apparently U.S. credit cards aren’t worth as much, as the hackers only sold it for $10.

[...]

Read the full article at: ibtimes.com



Related Articles
Hacker reveals email addresses of 1,350 Council on Foreign Relations members
Jailed Journalist Barrett Brown Faces 105 Years For Reporting on Hacked Private Intelligence Firms
Hackers convention ask government to stay away over Snowden
Snowden Targeted by Hacker "The Jester": Hacks Countries that Might Help Whistleblowers
Pirate Bay founder sentenced to 2 years in Sweden hacking case
The US Government Might Be the Biggest Hacker in the World


Latest News from our Front Page

A Look Back at the OJ Simpson Verdict -- Reactions
2014 11 26
This is a look back at the different reactions to the OJ Simpson verdict some 20 years ago (exact date of verdict was Oct 3, 1995). The OJ Simpson jury consisted of 9 Blacks, 1 Hispanic, and 2 Whites. It would raise eyebrows after they only deliberated for 4 hours in a case that they were involved in for almost ...
New York Times Publishes Darren Wilson’s Street Address and Photo of House #Ferguson
2014 11 26
Hey here are the two @nytimes scumbags that published Wilson’s home address. —> @juliebosman & @campbellnyt— Ben Howe (@BenHowe) November 25, 2014 Michael Brown’s Stepdad Shouting ‘Burn This Bitch Down’ The New York Times published information about the address of Ferguson Police Officer Darren Wilson on Monday in a move that has generated controversy. Tensions are running high in Ferguson, Missouri, as ...
How Monsanto is Destroying the Brains and Health of Everyone
2014 11 25
Interested in slowing your aging process? Take note! One of my most recent blog entries summarized roughly 10 years of research related to the consequences of inflammatory processes in the periphery of the body, such as the gut, and how this was driving brain degenerative inflammatory processes within the brain. One of the key findings from that research was how pathogenic ...
Guccifer: Pennsylvania City to be Nuked Next Year
2014 11 25
From Youtube: Renowned hacker Guccifer, who accessed the private emails of numerous top military, political and intelligence leaders, told the New York Times that a city in Pennsylvania is the target of a nuke attack in 2015. Guccifer also revealed that he is sitting on an archive of hacked emails that have not been publicly released.
Israeli Police Caught On Video Hosing ‘Skunk Spray’ on Palestinian Elementary Schools and Protesters
2014 11 25
Israeli police in Jerusalem have been caught on video recently spraying East Jerusalem Palestinian neighborhoods with a concoction they call “skunk spray”. The liquid is a mixture of sewage and rotting animal roadkill. The result of the police hosing down neighborhoods, elementary schools and protesters with the mix is a putrid smell that seems almost impossible to get off or be ...
More News »