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The mastermind hacker behind the TJX and Hannaford data breaches has been sentenced to 20 years in jail.
Albert Gonzalez, a hacker charged with stealing as many as 130 million credit and debit card numbers, will plead guilty to 19 counts of charges related to the TJX breach and surrender assets. Any cybercrime satisfaction, however, will be short-lived.
Albert Gonzalez, 28, was the alleged ringleader of a cybercrime enterprise that swiped at least 170 million credit and debit card numbers in recent years.The U.
Security experts say poor levels of wireless-network security among low-level UK merchants are putting shoppers' details at risk
Eleven people have been charged with hacking major US retailers, including TJX, and compromising the credit- and debit-card details of over 40 million people.
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Eleven people have been charged with hacking eight major US retailers, including TJX, but only three are currently in custody
TJX, the retailer that was hit with a major security breach, has sacked a whistle blower who was exposing the company's security issues.According to the ha.
Jaikumar Vijayan over at Computerworld has a great round up of "lessons learned" from the TJX break ins first announced a year ago today. To his five points listed below I would add a couple of observations.
The parent company of TK Maxx has offered to settle with banks for US$40.9 million over the world's largest commercial security breach.
The retail company has offered to pay banks $40.9m over the world's largest security breach
The lawsuit swirling around the TJX data breach is getting interesting. The most interesting development: The banks suing TJX are arguing that the retailer should be liable because of lax security practices.
A group of banks have alleged that TJX may have lost 96 million credit card details, over twice the 46 million admitted by TJX.An article in the Boston Globe says the group of banks is sueing TJX over the alleged costs of the breach.
A report by Canadian privacy authorities has concluded that the retailer failed to put in place adequate security measures
Repercussions from the biggest reported data breach incident in history are still being felt. Last month's arrest of a dealer in stolen credit cards in Istanbul is just one example of how information stolen from TJX Companies is still being used by criminals.
A Ukrainian man has been arrested outside a Turkish nightclub for allegedly trying to flog credit card details online, lifted from the victims of the TJX hack, reports the Associated Press.The man, Maksym Yastremskiy, was arrested weeks ago on suspicion of trafficking data.
TJX took another cash hit for losing 45.7 million debit and credit card numbers.
When I blogged earlier this week about TJX's failure to secure their wireless LAN and how it may end up costing TJX a billion dollars, I knew that it was merely the tip of the iceberg with so many retailers still running WEP encryption. As if WEP wasn't already broken enough, WEP is now about 20 times faster to crack than in mid-2005 when TJX's WEP-based wireless LAN was broken and I knew from experience that most retailers were still running WEP.
So what will retailer TJX really have to fork over failing to secure a wireless network and letting 45.7 million credit and debit card numbers leak out?
Blaming the TJX mess on WiFi or open spectrum is wrong. It gives aid and comfort to those forces who are trying to drive open spectrum, and open access to the Internet, underground. That, I submit, is the greatest threat open source faces today.
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