Wednesday, March 12, 2008

ID Theft Ring in NY Busted

This is a textbook case of the merging of hacking with offline fraud. The police in New York recently busted up a ring of 38 people living in New York for using stolen customer data to create fake credit cards and go on shopping sprees.

But where did they get the data? From China, interestingly, where apparently the customer information was sifted by hackers.


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