Another interesting article for someone looking for a case study. First come, first served...
Man Gets 15 Months for E-Trade Skimming Scam
Sunday, September 20, 2009
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This blog contains student-contributed content for the CAPP 40260 Information Security course at the University of Notre Dame.
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2009
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September
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- Advertising Security
- Security Firms Having Trouble Detecting World’s Bi...
- UNC Data Breach
- Texas Instruments Signing Keys Broken
- Slides
- Man Finds Innovative Way to Get Back Stolen Laptops
- E-Trade Skimming Scam
- Internet Scammers Leap on Patrick Swayze's Death
- A Victim of Information Insecurity
- The Koobfaces of Facebook
- Geographic Privacy
- The IRS wants my computer too?!
- Guessing Social Security Numbers
- Wal-Mart Card Phishing Scheme
- Rise in ATM Crime in Europe
- Password Hackers are Slippery to Collar
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September
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Is it wrong to say that I am proud of this guy? Reading stories about people stealing computers out of cars or taking social security numbers from innocent people really upsets me. Taking 25 cents from billion dollar corporations that could care less about the quarter shows hope for the little guy. That being said, a guy opens up 58,000 accounts while the companies don't notice for six months. Then, the guy pays 4 times the amount he stole? How does that work? We all know there is something wrong with what he did but what is the actual "illegal" action? Is it that he impersonates fake people online? Who hasn't done that 50,000 times since the internet came around. The guy should be punished but not sentenced to such a long time in prison. The companies affected by this program should be the one punished for having such an easy loop hole. The guy was taking advantage of poor security. The E-trade companies should have noticed this within days, not months.
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