The Justice Department announced today that five men have been indicted for what’s probably the most successful data-breach scheme ever. The group (four Russians, one Ukrainian) is accused of targeting a slew of companies, including NASDAQ (not the trading platform), 7-Eleven, Carrefour, JCP, Hannaford, Wet Seal (!!), JetBlue, Dow Jones, Euronet, Visa Jordan, and others, between 2005 and 2012.
Go where the money is!
Allegedly they stole 160 million credit cards all told, and the Justice Department says damages are in the hundreds of millions of dollars. Three breached companies alone claim more than $300 million in losses–ouch. Read More