Wednesday, March 25, 2009

'The Analyzer' Hack Probe Widens; $10 Million Allegedly Stolen From U.S. Banks

Ehud Tenenbaum, an Israeli hacker arrested in Canada last year for allegedly stealing about $1.5 million from Canadian banks, also allegedly hacked two U.S. banks, a credit and debit card distribution company and a payment processor in what U.S. authorities are calling a global "cashout" conspiracy.

The U.S. hacks have resulted in at least $10 million in losses, according to court records obtained by Threat Level, and are just part of a larger international conspiracy to hack financial institutions in the United States and abroad. .. More >>

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