41 Million+ Credit Card numbers hacked!
Eleven people including an informant of the Secret Service have been charged for stealing more than 41 million credit and debit card numbers. These people have also been charged with identity theft for the act. It is the largest hacking & identity theft case ever in the US.
BOSTON - Eleven people, including a U.S. Secret Service informant, have been charged in connection with the hacking of nine major retailers and the theft and sale of more than 41 million credit and debit card numbers, the Justice Department announced Tuesday.
The data breach is believed to be the largest hacking and identity theft case ever prosecuted by the Department of Justice, which said the suspects were charged with conspiracy, computer intrusion, fraud and identity theft.
Three of those charged are U.S. citizens while the others are from places such as Estonia, Ukraine, Belarus and China.
Some of the retailers whom credit card numbers were stolen form include Sports Authority, Barnes and Noble, TJX Cos., BJ's Wholesale club, OfficeMax, Boston Market, Foever 21 and DSW.
The act of hacking these were done with rather ingenious hacking strategies and techniques, and to harvest such quantities of personal and financial information is definitely a first.
The amount of money that has been stolen has been called 'impossible to quantify' but assuming a minimum 5000 dollar credit line, this heist could well have been worth more than 200 Billion dollars.