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Credit Card Hacker Gets 20 Years in Prison

Albert Gonzalez stole 90 million credit, debit numbers

(Newser) - Albert Gonzalez, the man who stole more than 90 million credit and debit card numbers from American retail giant TJX, was sentenced to 20 years in prison yesterday. It is the longest-ever sentence for a computer crime in America. Prosecutors hope the sentence will serve as a deterrent. “What... More »

Retail Gains Drive Dow Up 83

Signs of life from the consumer help stocks rebound

(Newser) - Positive retail reports helped get stocks back on track today after recent declines, the Wall Street Journal reports. Home Depot, Target, and Saks saw smaller-than-expected declines in quarterly profit, while discount chain TJX reported a 31% gain. The Dow rose 82.60 to close at 9,217.94. The Nasdaq... More »

Hackers Indicted in Theft of 130M Credit Cards

(Newser) - Federal prosecutors indicted three hackers in Washington today for allegedly snagging more than 130 million credit card numbers from retail and financial organizations, the Wall Street Journal reports. Calling it the greatest US debit- and credit-card data theft ever, feds hit Albert Gonzalez, 28, of Miami, and two accomplices with... More »

Consumer Data Breaches Hit Record

Thefts, losses of confidential info has already topped 2007

(Newser) - Theft or loss of confidential consumer information from computer databases is at a record high, with more breaches already this year than all of 2007, the Washington Post reports. Records reveal that 449 US businesses, government agencies and universities have reported data breaches this year, compared with 446 breaches involving... More »

TJX Data Breach Exposed 94M Credit Cards

Still no arrests after up to $83M is spent with stolen numbers

(Newser) - Cyber thieves have pinched 94 million credit cards from a discount retailer—double the last estimate—and spent up to $83 million as far as Hong Kong and Sweden, the AP reports. Banks are now suing the retailer, TJX Cos., to recover their losses. But those losses keep growing: "... More »

Arrest Marks TJX Hack Case Breakthrough

Ukrainian man captured in Turkey called key to massive scheme

(Newser) - A Ukrainian-born man believed to have helped arrange the sale of credit card numbers stolen from TJX is in custody, investigators say, and his arrest may help crack the largest case of corporate data theft on record. He was selling thousands of  stolen numbers, the Boston Globe reports, but it's... More »

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